- For Sale $5,000,000
- Property Type Retail
- Property Size 22,336 SF
- Lot Size 1.89 Acre
- Cap Rate % 5.8
- Year Built 1989
- Year Renovated 2018
- Date Updated Apr 7, 2025
The offering is a 22,336 SF single tenant Planet Fitness located within the Westgate South Shopping Center in Tacoma, Washington. This opportunity benefits from a newly renewed lease with one of the largest Planet Fitness franchisees in the country. The property is 100% leased to an 80+ unit franchisee of Planet Fitness, one of the largest in the country. The building has been significantly upgraded with new HVAC, upgraded electrical, plumbing and gas, a new roof and more. The existing lease is well-positioned to provide for both stability and opportunity for the existing tenant, as well as stable income and a strong guarantor for the investor/landlord.
Contact Brokers for NDA and complete Offering Memorandum.
Westgate South is a prime lifestyle center anchored by Planet Fitness and coming soon, the Picklr Premium Indoor Pickleball Courts, one of the fastest growing brands in the fastest growing sector, in the Proctor District of Tacoma, Washington known for its vibrant community atmosphere.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
76/100
Very Walkable
-
Bike Score ®
51/100
Bikeable
- City Tacoma, WA
- Neighborhood West End Tacoma
- Zip Code 98406
- Market Seattle
Points of Interest
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Tacoma General
2.91 miles
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6th Ave
3.00 miles
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Stadium District
3.08 miles
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Hilltop District
3.17 miles
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S 4th
3.40 miles
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St Joseph
3.43 miles
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Saint Joseph
3.43 miles
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Old City Hall
3.55 miles
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Theater District
3.69 miles
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Convention Center
3.79 miles
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Shell
0.15 miles
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76
0.21 miles
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Safeway Fuel Station
0.34 miles
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Arco
0.60 miles
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7-Eleven
1.03 miles
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Chevron
1.07 miles
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Marathon
1.25 miles
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ChargePoint
1.79 miles
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ChargePro
2.09 miles
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FLO
2.22 miles
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Student Parking
0.57 miles
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Visitor Parking & Drop-Off
0.66 miles
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Drop-off & Staff Parking
0.68 miles
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Narrows Park & Ride
1.24 miles
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Parking Lot H
1.44 miles
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Parking Lot I
1.44 miles
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Parking Lot G
1.48 miles
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Parking Lot J
1.54 miles
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Parking Lot F
1.55 miles
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Parking Lot L
1.55 miles
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Papa Murphy's
0.05 miles
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McDonald's
0.06 miles
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Joeseppi's
0.07 miles
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Sake Sushi & Grill
0.13 miles
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Taco Del Mar
0.13 miles
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El Toro
0.14 miles
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Flying Fish Sushi Bar & Grill
0.19 miles
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The Habit Burger Grill
0.21 miles
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Taco Bell
0.22 miles
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Cooper’s Food & Drink
0.24 miles
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Big Lots
0.07 miles
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Safeway
0.27 miles
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WinCo Foods
0.90 miles
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Grocery Outlet
0.97 miles
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Metropolitan Market
1.16 miles
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Central Co-op Grocery
1.50 miles
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Fred Meyer
1.83 miles
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Walmart Supercenter
2.60 miles
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Target
2.68 miles
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TJ Maxx
2.76 miles
Frequently Asked Questions
The space currently listed for sale at 2217 N Pearl St asks for $5,000,000.
2217 N Pearl St totals 22,336 square feet.
2217 N Pearl St was built in 1989.
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