Map of Property

111 South 38th Street

111 South 38th Street, Tacoma, WA 98418

  • For Sale $10,990,000
  • Property Type Retail
  • Property Size 44,647 SF
  • NOI / YR 769524
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 110
  • Parking Ratio 2.46 / 1,000 SF
  • Year Built 2003
  • Date Updated Nov 20, 2024

The Verger Team is pleased to present a rare opportunity to acquire a Corporate Leased Single-Tenant NNN 24-Hour Fitness with over 13 years remaining on the lease. In 2018, 24 Hour Fitness invested $3M in tenant improvements and recently waived their one-time right to an early termination, solidifying their long-term commitment to the property and showcasing their confidence in the location. Strategically located on S 38th St, Tacoma’s primary retail corridor, the property is surrounded by national retailers like Costco, Target, and Walgreens. Its proximity to major highways, including Hwy 16 and I-5, ensures high visibility and ease of access, positioning this asset for long-term success.

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Contacts

broker

Kevin Simpson-Verger Is this you?

Kidder Mathews

broker

Maggie Verger Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Tacoma, WA
  • Neighborhood Eastside Tacoma
  • Zip Code 98418

Points of Interest

  • South 25th Street

    1.03 miles

  • S 25th St

    1.03 miles

  • Tacoma

    1.08 miles

  • Tacoma Dome

    1.10 miles

  • Union Station/South 19th Street

    1.44 miles

  • Union Station

    1.44 miles

  • Saint Joseph

    1.67 miles

  • St Joseph

    1.67 miles

  • Convention Center/South 15th Street

    1.77 miles

  • Convention Center

    1.77 miles

  • Shell

    0.12 miles

  • Safeway Fuel Station

    0.97 miles

  • Chevron

    1.02 miles

  • FLO

    1.34 miles

  • 76

    1.38 miles

  • APP

    1.40 miles

  • CFN

    1.45 miles

  • Pyramid Gold Diesel

    1.52 miles

  • Pilot Express

    1.55 miles

  • Tesla Supercharger

    1.59 miles

  • Lot G

    0.97 miles

  • Tacoma Dome Station Parking

    1.14 miles

  • Union Pacific Parking

    1.27 miles

  • Emerald Queen Casino Parking Garage

    1.40 miles

  • Greater Tacoma Convention Center Parking Garage

    1.65 miles

  • South Tacoma East Park & Ride - North Side

    1.74 miles

  • South Tacoma East Park & Ride - South Side

    1.77 miles

  • Hotel Murano Hotel & Pavilion Parking

    1.79 miles

  • Umpqua Bank #130-93

    1.81 miles

  • Market Street Public Parking

    1.94 miles

  • Subway

    0.05 miles

  • TeriyakiWok

    0.06 miles

  • Little Caesars

    0.07 miles

  • Papa Murphy's

    0.18 miles

  • Domino's

    0.21 miles

  • Taqueria La Fondita

    0.32 miles

  • Flying Boots & Wings

    0.39 miles

  • Thai Binh Duong

    0.41 miles

  • Stanley & Seafort's

    0.45 miles

  • Vien Dong

    0.51 miles

  • East Asia Market

    0.37 miles

  • Lucky Supermarket

    0.56 miles

  • Hong Kong Supermarket

    0.57 miles

  • Safeway

    0.93 miles

  • B & A International Foods

    1.12 miles

  • Burlington

    1.57 miles

  • JCPenney

    1.68 miles

  • Macy's

    1.80 miles

  • Tacoma Mall

    1.85 miles

  • Nordstrom

    1.95 miles

Frequently Asked Questions

How much does 111 South 38th Street cost?

The space currently listed for sale at 111 South 38th Street asks for $10,990,000.

What is the total square footage of 111 South 38th Street?

111 South 38th Street totals 44,647 square feet.

When was this property built?

111 South 38th Street was built in 2003.

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