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Browns Point Town Center Retail
For Lease
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1000 Town Center NE, Tacoma, WA 98422

Neighborhood retail destination undergoing major renovation and repositioning.

Space Size665 SF - 2,552 SF
Property Size39,982 SF
Days on Market161

Property Features for 1000 Town Center NE

General Information

Standard status Active
Size 665 SF - 2,552 SF
Property subtype Retail, Land
Lease Type NNN

Building Details

Building Size 39,982 SF
Year Built 1946
Tenancy Multiple

Spaces For Lease

at 1000 Town Center NE Contact us

Lower Level

Size
2,552 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 1

Size
665 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 120

Size
1,444 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Premier Commercial NW
Listed By: April Kelley · License #22033797
Source: Crexi
Added: Mar 4 Changed: Aug 8 Last Checked: Aug 8 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial NW

Investment Insights

Based on property information with market context.

Browns Point Town Center is undergoing a major renovation and repositioning to establish itself as the primary neighborhood retail destination. The renovation is currently in progress. The property is suitable for retail, café, professional services, wellness, and neighborhood-serving uses. There is an opportunity to secure space prior to the completion of the renovation and benefit from renewed traffic and an updated tenant mix.

Key Highlights

  • Renovation in progress to become the primary neighborhood retail destination
  • Ideal for a variety of businesses: retail, café, professional services, wellness, and neighborhood‑serving uses
  • Opportunity to secure space prior to completion of renovation

Property Analytics

Current Use

The Pickled Chef NW Food Processing Plant Pixie's Self Dog ... (Bike/Boat/Book/etc) Store Unique Relax Massage ... Alternative Medicine Practice Browns Point Cleaners (Bike/Boat/Book/etc) Store U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Top Pick Law Firm Building Supply Auto Repair Shop Parking Lot & Garage Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Lighthouse Market Groceries
2,641 visits/mo 0.1 miles

Demographics for 98422, WA

21,343
Population
8,321
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
3,049
Density / Sq Mi
$115,989
Median Household Income
$62,514
Median Earnings
$2,104
Median Rent
$614,300
Median Home Value

Market

Lease Benchmarks for Tacoma, WA

$19.01 /SF/Yr
Avg Asking Price
$3.11–$26 /SF/Yr
Price Range
4,428 SF
Avg Space Size

This space is priced 16% above the average of $19.01 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Neighborhood retail destination undergoing major renovation and repositioning.
Where is this retail space located?
The property is located at 1000 Town Center NE Tacoma, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Renovation in progress to become the primary neighborhood retail destination; Ideal for a variety of businesses: retail, café, professional services, wellness, and neighborhood‑serving uses; Opportunity to secure space prior to completion of renovation
More about this property
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