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Turn-Key Retail/Office Suite
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1122 Broadway, Tacoma, WA 98402

First-floor retail/office space in a renovated 1914 building with natural light, private entrance, and Broadway frontage.

Space Size4,515 SF
Days on Market802

Property Features for 1122 Broadway

General Information

Standard status Active
Size 4,515 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood New Tacoma
Highway Access Yes
Road Access Yes

Amenities

private entrance
exceptional natural light
garage parking

Building Details

Year Built 1914
Year Renovated 2019
Stories 2

Spaces For Lease

at 1122 Broadway
Beautiful Turn Key Space in Downtown Tacoma $22/SF/Yr
Floor 1
Size 4,515 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Sublease No
Beautiful turn key space available in downtown Tacoma. This first floor space can be demised. This two story retail/office building, with exceptional natural light, was built in 1914 and renovated in 2019. A private entrance is located off the south side of the building, with main frontage along Broadway in the heart of downtown Tacoma, and option for parking in close garage. Surrounded by restaurants, retail and museums, and just a block away from the Farmers Market, the property has great access to 1-705 and is only one block from the Link light rail station.
Contact us
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Kyle Prosser
Source: Moodyscre
Added: Aug 27, 2024 Changed: Nov 3 Last Checked: Nov 4 at 1:48PM

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.

Turn-key first-floor retail/office space in a two-story building originally built in 1914 and renovated in 2019. The space offers excellent natural light and can be demised. A private entrance is located off the south side of the building.

The property is positioned with main frontage along Broadway in the heart of downtown Tacoma. Parking is available via an option for a nearby garage. The surrounding area includes restaurants, retail, and museums, with the Farmers Market about one block away and the Link light rail station also approximately one block from the building.

With direct downtown frontage and access to major routes including I-705, the suite is designed for businesses that want visibility and convenient transit proximity.

Key Highlights

  • First‑floor retail/office space in a renovated 1914 two‑story building with exceptional natural light
  • Main frontage on Broadway in downtown Tacoma, with a private entrance off the south side of the building
  • Building was renovated in 2019 and features first‑floor space that can be demised

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center Pet Grooming Service Restaurant

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,687
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tacoma, WA

$21.54 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
7,411 SF
Avg Space Size

This space is priced 2% above the average of $21.54 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Tacoma, WA

$24.16 Jul
$20.29 Aug
$21.54 Sep
$21.54 Oct

Properties on Market for Office Units in Tacoma

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - First-floor retail/office space in a renovated 1914 building with natural light, private entrance, and Broadway frontage.
Where is this office unit located?
The property is located at 1122 Broadway Tacoma, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: First‑floor retail/office space in a renovated 1914 two‑story building with exceptional natural light; Main frontage on Broadway in downtown Tacoma, with a private entrance off the south side of the building; Building was renovated in 2019 and features first‑floor space that can be demised
(253) 444-3025 · Office Call to check price and availability
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