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    2702 S 42Nd St Tacoma, WA 98409

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    For Lease
    $32 SF/Yr

    Modern office spaces near Tacoma Mall with easy freeway access.

    Property size:
    15,757 SF
    Lot size:
    3.42 Acres

    Property Features for 2702 S 42Nd St

    General Information

    Size
    15,757 SF
    Lot size
    3.42 Acres

    Source: NWC - KV LLC Agent Bruce Valentine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Available

    This property offers a total available space of 29,469 square feet, with 15,757 square feet available on the second floor and 13,712 square feet on the third floor. The lease rate is $32 per square foot per year. The property features Class A building amenities and offers spaces that can be modified to suit tenant needs. It is located adjacent to the Tacoma Mall and provides easy access to major freeways. The location is near numerous amenities, including shopping, restaurants, and bus lines. The parking ratio is 5 per 1,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mark Sundberg, DDS Orthodontist Dr. Brent Hassel, ... Orthodontist TRES WEST ENGINEERS, ... Electrical Engineer Jeffrey L. Okey, ... Psychologist MetLife Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4724249
    Latitude
    47.2187391

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    FAQs

    What type of property is this?
    Office building - Modern office spaces near Tacoma Mall with easy freeway access.
    Where is this office building located?
    The property is located at 2702 S 42Nd St Tacoma, WA.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Total of 29,469 SF Available Across Two Floors; - Class A Building Amenities; - Lease Rate: $32/SF/YR
    (253) 779-2400
    Request Owner's contact information
    2702 S 42Nd St Tacoma, WA 98409
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    Tacoma, WA 98409
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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
    2702 S 42Nd St Tacoma, WA 98409
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