Tacoma · Commercial sale
Realty Income U S Core Plus 3 buys 5950 N 9th St in Tacoma for $18.4 million
An auto repair shop at 5950 N 9th St, Tacoma sold for $18,400,000 on July 28, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $18,400,000
- Sold
- July 28, 2026
- Property type
- Auto repair shop
- Building area
- 29,905 sq ft
- Price per sq ft
- $615
- Year built
- 1991
An auto repair shop at 5950 N 9th St in Tacoma sold for $18,400,000 on July 28, 2026, according to the Pierce County Assessor-Treasurer's sales records. The sale price is 2.4 times the market value on record of $7,816,300 and 2.5 times the most recent earlier sale price of $7,400,000 in 2025.
Realty Income U S Core Plus 3 LP bought the property from Drake Tacoma Partners LLC. The Assessor's records show the building contains 29,905 square feet, was constructed in 1991 and sits on a 1.76-acre lot.
At $615 per square foot, the price reflects a significant jump from the property's previous valuations and sales history.
What this sale costs to close
What does closing cost at this price? Under Pierce County custom the seller's larger charges are $521,075 for the state real estate excise tax (graduated) and $92,000 for the local real estate excise tax (0.50%). The seller's estimated net is $17,655,052 before brokerage commissions and any loan payoff. A cash buyer would need about $18,306,181 at closing.
Source: Pierce County Assessor-Treasurer, sales data downloads, document 4695903. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
