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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.

PROPERTY FEATURES

PROPERTY DETAILS

Street Address: 111 38th Street
City: Tacoma
State: Washington
Postal Code: 98418
County: Pierce
MLS Number: 2309863
Year Built: 2003
Courtesy of Kidder Mathews

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