Point Ruston - Building 8 & Century Theater
9,826 SF | 82% Leased | Retail Building | Tacoma, WA 98407 | $13,200,000 ($1,343/SF) | 7.03% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $13,200,000
- Property Type
-
Retail
- Square Feet
- 9,826 SF
- Price / Square Foot
- $1,343
Listing Contacts
Mike King
Verified Profile
Erik Swanson
Verified Profile
- Property Info
Property Overview
Building 8 is a 10,110 SF building with 4 retail suites. The property is currently 82.2% occupied with MultiCare Indigo Urgent Care, Obee Credit Union, and Rebels & Lovers clothing store.
Century Theater is a 35,815 SF condo that is fully occupied by Century Theater, Inc. Century Point Ruston was opened in 2015 with nine screens and "luxury lounger" recliner seats. Century operates under the parent company Cinemark, a publicly traded company out of Dallas that operates hundreds of theatres.
The properties are currently under court-appointed receivership. Any offer will require a sale motion and court approval. Please fill out the confidentiality agreement to access the offering memorandum and due diligence materials. Visit the offering website to register at https://pointrustonretail.com
Century Theater is a 35,815 SF condo that is fully occupied by Century Theater, Inc. Century Point Ruston was opened in 2015 with nine screens and "luxury lounger" recliner seats. Century operates under the parent company Cinemark, a publicly traded company out of Dallas that operates hundreds of theatres.
The properties are currently under court-appointed receivership. Any offer will require a sale motion and court approval. Please fill out the confidentiality agreement to access the offering memorandum and due diligence materials. Visit the offering website to register at https://pointrustonretail.com
Property Details
- Class
- B
- Year Built
- 2018
- Stories
- 1
- Lot Size (sq. ft)
- 39,204 SF
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