Renovated Office Building in Tacoma
For Lease
$16 SF/Yr
1001-1005 Pacific Avenue, Tacoma, WA 98403
Multi-tenant office building with convenient access to freeway and public transportation.
Space Size461 SF - 2,237 SF
Property Size34,506 SF
Days on Market265
Property Features for 1001-1005 Pacific Avenue
General Information
Standard status
Active
Size
461 SF - 2,237 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
34,506 SF
Spaces For Lease
at 1001-1005 Pacific Avenue Contact usMezzanine $16/SF/Yr
Size
2,237 SF
Term
Negotiable
Suite 230 $24/SF/Yr
Size
461 SF
Term
Negotiable
Suite 260 $24/SF/Yr
Size
2,224 SF
Term
Negotiable
Listing Agency:
Lee & Associates Commercial Real Estate Services
Listed By:
John Bauder, CCIM
(253) 238-0043
Source:
Lee-associates
Added: Jan 27
Changed: Oct 16
Last Checked: Oct 19 at 5:11AM
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
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Investment Insights
Based on property information with market context.
This is a freshly renovated multi-tenant office building located in the heart of the Tacoma CBD. The property offers convenient access to the freeway and public transportation. Parking is available at nearby garages. The building features newly demised suites ranging in size from 390 square feet to 18,000 square feet. It occupies a prominent corner location and signage is available. A former bank branch with high visibility is present. The property also includes a data room with equipment.
Key Highlights
- Prominent corner location in the heart of Tacoma CBD.
- Newly demised suites ranging from 390 SF to 18,000 SF.
- Freshly renovated multi‑tenant office building.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,238
Businesses Nearby
Explore this area
Business Placement
Demographics for 98403, WA
8,341
Population
4,863
Households
1.7
Avg Household Size
39
Median Age
64%
College-Educated
99%
High-School Grad
1.0 sq mi
ZIP Area
8,341
Density / Sq Mi
$86,179
Median Household Income
$63,918
Median Earnings
$1,414
Median Rent
$737,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Tacoma, WA
$21.54 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
7,407 SF
Avg Space Size
This space is priced 26% below the average of $21.54 /SF/Yr.
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Multi-tenant office building with convenient access to freeway and public transportation.
Where is this office unit located?
The property is located at 1001-1005 Pacific Avenue Tacoma, WA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prominent corner location in the heart of Tacoma CBD.; Newly demised suites ranging from 390 SF to 18,000 SF.; Freshly renovated multi‑tenant office building.
