116th Steele Street Center 11401 Steele Street South

116th Steele Street Center is a ±9,424 SF retail asset is
positioned on a ±1.53-acre parcel in Tacoma, WA, just minutes
from Joint Base Lewis-McChord and Interstate 5. This highly
visible, well-maintained center features a strong mix of
long-term, service-oriented tenants and benefits from CE
(Commercial Employment) zoning, allowing for a wide range of
office, and retail uses. Constructed in 2005, the single-story
building showcases durable concrete tilt-up construction with
decorative split-faced masonry accents. The property offers
ample surface parking (±60 stalls) and is easily accessible
via public transportation along Steele Street. Recent capital
improvements include a new roof installation in April 2025,
further supporting long-term asset stability and reduced nearterm
capital exposure.