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Modern Office Space in Tacoma
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1001-1005 Pacific Avenue Tacoma WA 98403, Tacoma, WA 98403

Office space available

Space SizeContact for details
Days on Market578

Property Features for 1001-1005 Pacific Avenue Tacoma WA 98403

General Information

Standard status Active
Property type Office buildings, Office Units, Office Spaces
Class B
Elevators N/A
Rate Type Monthly
Listing Agency:
Listed By: John
Added: Jan 16, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located at 1001-1005 Pacific Avenue in Tacoma's Central Business District, this office building offers newly demised suites suitable for various businesses. The 34,506 square foot property occupies a corner location and provides signage opportunities. A planned exterior refresh is scheduled for Spring 2024. The space features a data room and a mezzanine level. Although the building lacks on-site parking, nearby garages offer parking options. The location provides access to freeways and public transportation. Furniture is available for purchase. The property is intended for office use.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Food Market Furniture & Home Goods Catering Service Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

4,238
Businesses Nearby

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

Market

Lease Benchmarks for Tacoma, WA

$26.57 /SF/Yr
Avg Asking Price
$22–$32 /SF/Yr
Price Range
17,813 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Office space available
Where is this office building located?
The property is located at 1001-1005 Pacific Avenue Tacoma WA 98403 Tacoma, WA.
More about this property
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