About 111 38th Street, Tacoma, Washington, 98418
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.

Street Address: 111 38th Street
City: Tacoma
State: Washington
Postal Code: 98418
County: Pierce
Directions: Use your Smartphone Maps App.

Property Information :
Listing Status: Withdrawn
Lot Size: 3.67 Acres
MLS #: 2309863
Price: $10,250,000
Construction Status: Built in 2003
Last Modified : Apr 24 2025 2:57AM

Courtesy of: Kevin G. Verger, Kidder Mathews (MLS# NWM128)
Source MLS: NWMLS