Retail Space Near Stadium
For Lease
$20 SF/Yr
118 N Tacoma Avenue, Tacoma, WA 98403
4,300 SF retail space with high visibility and great co-tenants.
Space SizeContact for details
Property Size4,395 SF
Days on Market316
Property Features for 118 N Tacoma Avenue
General Information
Standard status
Active
Size
4,395 SF
Property subtype
Retail
Building Details
Year Built
1945
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 444-3025
Listed By:
Kyle Prosser
Source:
Lee-associates
Added: Sep 25, 2025
Changed: Jul 6
Last Checked: Aug 5 at 5:38AM
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.
This 4,300 SF building is located next to Shake Shake Shake, offering a storefront, a co-tenant, and visibility. Short or long-term leases are available. The property is near Stadium Thriftway, Moshi Moshi, Salamones Pizza, and Indo Street Eatery. This location presents a retail or office opportunity. The district is situated between the North Slope residential neighborhood, the Stadium Business District, and the Hilltop neighborhood. The area shares characteristics with Tacoma's downtown, featuring an urban environment and a large population of apartment-dwelling working-class residents. The area consists primarily of single-family homes, apartments, and condominium buildings, some with views of Commencement Bay. It is one of the retail markets in Tacoma.
Key Highlights
- High‑visibility location in a high‑demand retail market.
- Located next to a popular restaurant (Shake Shake Shake).
- Strong co‑tenancy with proximity to established businesses (Stadium Thriftway, Moshi Moshi, Salamones Pizza, Indo Street Eatery).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Sammy's Pizza
Dining
1,140 visits/mo
0.3 miles
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
$22 /SF/Yr
Avg Asking Price
$14–$30.01 /SF/Yr
Price Range
3,820 SF
Avg Space Size
This space is priced 9% below the average of $22 /SF/Yr.
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 4,300 SF retail space with high visibility and great co-tenants.
Where is this retail space located?
The property is located at 118 N Tacoma Avenue Tacoma, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in a high‑demand retail market.; Located next to a popular restaurant (Shake Shake Shake).; Strong co‑tenancy with proximity to established businesses (Stadium Thriftway, Moshi Moshi, Salamones Pizza, Indo Street Eatery).
