Shopping Neighborhood
Pacific Commons
17821 Pacific Ave S, Spanaway, WA 98387
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in Pacific Commons, 206,474-squarefoot community center in Spanaway, Washington, positioned at the southeast corner of Pacific Avenue and 176th. Boasting a daily traffic flow exceeding 63,000 vehicles, this prime property offers exceptional visibility and commercial potential. With 91.62% vacancy, the center presents a dynamic repositioning opportunity, particularly with its Urban Corridor zoning, allowing for diverse uses such as multifamily, retail, and restaurant pad sites. Situated strategically along the I-5 freeway corridor, Pacific Commons serves as a crucial connector between southern Tacoma cities, establishing itself as an ideal commercial hub in the area.
Investment Highlights
- Value-Add Redevelopment Opportunity - Out Parcel Pads
- Superior Location - 64,000 VPD at Pacific Avenue and 176th Street
- Urban Corridor Zoning (UCOR) - High-Density Multifamily, Retail and Restaurants Uses
Exclusively Listed By
Broker of Record
Financing By
Listing Price: Request For Offer
Investment Highlights
- Value-Add Redevelopment Opportunity - Out Parcel Pads
- Superior Location - 64,000 VPD at Pacific Avenue and 176th Street
- Urban Corridor Zoning (UCOR) - High-Density Multifamily, Retail and Restaurants Uses
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in Pacific Commons, 206,474-squarefoot community center in Spanaway, Washington, positioned at the southeast corner of Pacific Avenue and 176th. Boasting a daily traffic flow exceeding 63,000 vehicles, this prime property offers exceptional visibility and commercial potential. With 91.62% vacancy, the center presents a dynamic repositioning opportunity, particularly with its Urban Corridor zoning, allowing for diverse uses such as multifamily, retail, and restaurant pad sites. Situated strategically along the I-5 freeway corridor, Pacific Commons serves as a crucial connector between southern Tacoma cities, establishing itself as an ideal commercial hub in the area.