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3901 S Steele St
Tacoma, WA 98409 South Tacoma

$4,615,000 USD

Restaurant For Sale  •  6,928 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,928 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1983
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning UCX
30 Transit Score
70 Walk Score

Highlights

Red Robin has occupied this build-to-suit location since 1983
Store sales are reported monthly and this location has a healthy 7.4% rent to sales ratio
Tacoma is the 3rd most populous city in Washington State with over 220,000 residents
The property is surrounded by other popular national retailers such as Chick fil-A, REI, Buffalo Wild Wings and Starbucks
Located next to the Tacoma Mall which receives an estimated 7,900,000 visits annually per Placer.ai

Property Flyers

Cap Rate: 6.50 %

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.2 mi
Tacoma Dome Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder), Tacoma Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 7 min - 2.9 mi
AirportDriveWalkDistance
Seattle-Tacoma International 38 min - 23.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
David Gellner 206-747-4338 Kidder Mathews
David Gellner 206-747-4338 Kidder Mathews