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Prominent Corner Office Building
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1001-1005 Pacific Ave, Tacoma, WA 98402

Freshly renovated multi-tenant office building offering newly demised suites with signage and a data room with equipment.

Property Size2,426 SF
Days on Market1857

Property Features for 1001-1005 Pacific Ave

General Information

Standard status Active
Size 2,426 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Amenities

signage available
data room with equipment

Building Details

Tenancy Multi
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Harrison Laird
Source: Moodyscre
Added: Jul 1, 2021 Changed: Jul 25 Last Checked: Jul 29 at 3:33PM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Freshly renovated, demised multi-tenant office building with suite options ranging from 390 to 18,000 square feet. The property has a data room with equipment and signage is available for qualifying space.

Positioned on a prominent corner location in the Tacoma CBD, the building provides convenient access to the freeway and public transportation. Parking is available at nearby garages.

Suites are available in a newly demised configuration, supporting multiple office occupancies within the building.

Key Highlights

  • Freshly renovated, demised multi‑tenant office building in the Tacoma CBD
  • Newly demised suites totaling 390 SF to 18,000 SF
  • Prominent corner location with high‑visibility former bank branch

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Clothing & Fashion Store Pet Grooming Service Florist

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,596
Businesses Nearby

Demographics for 98402, WA

8,053
Population
4,788
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
6,711
Density / Sq Mi
$54,712
Median Household Income
$43,145
Median Earnings
$1,478
Median Rent
$558,100
Median Home Value

Market

Lease Benchmarks for Tacoma, WA

$29.76 /SF/Yr
Avg Asking Price
$9–$141 /SF/Yr
Price Range
4,961 SF
Avg Space Size

This space is priced 33% below the average of $29.76 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Specialty property - Freshly renovated multi-tenant office building offering newly demised suites with signage and a data room with equipment.
Where is this specialty property located?
The property is located at 1001-1005 Pacific Ave Tacoma, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Freshly renovated, demised multi‑tenant office building in the Tacoma CBD; Newly demised suites totaling 390 SF to 18,000 SF; Prominent corner location with high‑visibility former bank branch
(253) 238-0043 Call to check price and availability
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