Tahoma Vista Shopping Center - *SOLD*

1402-1420 72nd Street East and 7214 East Portland Avenue | Tacoma, WA The Tahoma Vista Shopping Center was originally developed as a Kmart in 1968 and continues to be a shopping hub for the surrounding community. Big Lots took over the former Kmart food store in the late 90's and following the closure of Kmart in 2017 - due to strong sales and a loyal following in the area - Big Lots expanded and relocated into half of the Kmart space, with an expanded product offering and their new "Store of the Future" format!  Grocery Outlet opened early 2019, offering the community reasonably-priced, daily-needs staples.  The remainder of the Kmart was leased to Urban Air Adventure Park to open a brand new indoor entertainment center for the community.

Tahoma Vista is located on one of busiest arterial streets in Southeast Tacoma, Vista is in close proximity to Puyallup, the Tacoma Dome Exhibition Center and Joint Base Lewis-McChord. It
also receives traffic from the adjoining retail strip center (NAP) and the Safeway grocery store across Portland Avenue. The center is located in the heart of a re-emerging market with lots of new development happening in the neighborhood.
Property Type
PMF Investment Roles
Ownership, Development, Management, Brokerage
Acquired Date
Gross Leasable Area
118,213 SF
Land Area
450,977 SF
Year Built
1968 (Big Lots, et al.),
2000-2002 (Pads)
Major Tenants
Big Lots, Grocery Outlet,
O'Reilly Auto Parts,
Taco Bell, Burger King