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    1001-1005 Pacific Avenue | Tacoma, WA 98403 Tacoma, WA 98403

    Sponsored
    For Lease
    Contact for pricing

    Modern office suites, downtown Tacoma.

    Lot size:
    34,506 SF

    Description

    Added:
    Jan 16, 2025
    Days on Market:
    357
    This exceptional 34,506 square foot office building, located at 1001-1005 Pacific Avenue in the heart of Tacoma's Central Business District (CBD), offers newly demised suites perfect for a variety of businesses. The property boasts a prominent corner location with excellent signage opportunities. An exterior refresh is planned for Spring 2024, enhancing the building's already modern appeal. The space includes a fully equipped data room and a mezzanine level, adding versatility and functionality. While the building itself doesn't have on-site parking, abundant parking is readily available in nearby garages. The convenient location provides easy access to major freeways and public transportation, ensuring seamless commutes for employees and clients. Furniture is available for purchase, streamlining the move-in process for new tenants. This is a unique opportunity to secure high-quality office space in a thriving downtown Tacoma location. Contact us today to schedule a viewing.

    Property Features for 1001-1005 Pacific Avenue | Tacoma, WA 98403

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,506 SF
    Class
    B
    Elevators
    N/A

    HighLights

    • Modern build‑out with furniture & data room included.
    • Prime Tacoma CBD corner location with prominent signage opportunity.
    • Abundant nearby parking plus exterior refresh planned for Spring 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    City
    Tacoma
    State
    Washington

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    FAQs

    What type of property is this?
    Office building - Modern office suites, downtown Tacoma.
    Where is this office building located?
    The property is located at 1001-1005 Pacific Avenue | Tacoma, WA 98403 Tacoma, WA.
    What are key features of this property?
    This property features: Modern build-out with furniture & data room included.; Prime Tacoma CBD corner location with prominent signage opportunity.; Abundant nearby parking plus exterior refresh planned for Spring 2024.
    (253) 238-0043
    Request Owner's contact information
    1001-1005 Pacific Avenue | Tacoma, WA 98403 Tacoma, WA 98403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001-1005 Pacific Avenue | Tacoma, WA 98403 Tacoma, WA 98403
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