Matthew Herman And RJ Vara Of Marcus & Millichap Represent Seller In $12.6M Retail Sale In Tacoma

The property asset involved in this transaction is located at 2505 South 80th Street in Tacoma, WA. It is a retail asset consisting of 27,199 square feet, with a sale price of $12,600,000, which equates to a price per square foot of $463.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,600,000
• Square Footage: 27,199
• Address: 2505 South 80th Street
• Market: Tacoma, WA
• Price per Square Foot: $463
• Lease Structure: 10-year triple-net lease
• Current Occupant: NVA Summit Veterinary Management

Matthew Herman and RJ Vara from Marcus & Millichap represented the seller in this transaction. The sale was arranged by The Vara Group of Marcus & Millichap, highlighting the involvement of experienced brokers in this deal.