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Shopping Neighborhood

Pacific Commons

17821 Pacific Ave S, Spanaway, WA 98387

Listing Price: Request For Offer

Rentable SF
206,474
Lot Size
16.90 acres
Year Built
1985

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

  • Eric M. Garske

    Vice President Investments

    (503) 200-2031

    Email Eric

    License(s): OR: 201235586, ID: SP57407

    Portland

  • Bill Rose

    Senior Managing Director Investments

    (858) 373-3132

    Email Bill

    License(s): CA: 01170320, NV: S.0198735

    San Diego

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Financing By

Shopping Neighborhood

Pacific Commons

Listing Price: Request For Offer

Rentable SF
206,474
Lot Size
16.90 acres
Year Built
1985

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.

Exclusively Listed By

  • Eric M. Garske

    Vice President Investments

    (503) 200-2031

    Email Eric

    License(s): OR: 201235586, ID: SP57407

    Portland

  • Bill Rose

    Senior Managing Director Investments

    (858) 373-3132

    Email Bill

    License(s): CA: 01170320, NV: S.0198735

    San Diego

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

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