Class A Office
For Lease
$4,835/Mo
1201 Pacific Ave, Tacoma, WA 98402
Premier Tacoma office space with panoramic views and amenities.
Space SizeContact for details
Days on Market1254
Property Features for 1201 Pacific Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
KIDDER MATHEWS
(253) 722-1433
Listed By:
DREW FRAME · License #130281
Source:
Corcoran
Added: Mar 7, 2023
Changed: Aug 8
Last Checked: Aug 8 at 6:18AM
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 KIDDER MATHEWS
Investment Insights
Based on property information with market context.
This Class A office building is located in Tacoma, near the Murano Hotel, Marriott Hotel, Tacoma Convention Center, YMCA, and Link Light Rail Stop. The property offers panoramic views of Commencement Bay, Mt. Rainier, the Olympic Mountains, and the Cascade Mountains. Current tenants include Wells Fargo Bank, Gordon Thomas, Honeywell, Merrillynch, Propel Insurance, and Regus Executive Offices. On-site amenities include a deli, a building conference room, and locker room facilities. Ample covered parking is available for both employees and visitors. The property size is 2637 square feet.
Key Highlights
- Premier Class A office building in Tacoma.
- Enjoy panoramic views of Commencement Bay, Mt. Rainier, Olympics, and Cascade Mountains.
- Close proximity to Murano Hotel, Marriott Hotel, Tacoma Convention Center, YMCA, and Link Light Rail.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,119
Businesses Nearby
Explore this area
Business Placement
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
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
This space is priced 17% below the average of $26.57 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Premier Tacoma office space with panoramic views and amenities.
Where is this office building located?
The property is located at 1201 Pacific Ave Tacoma, WA.
What is the lease rate?
The lease rate is $4,835/Mo.
What are key features of this property?
This property features: Premier Class A office building in Tacoma.; Enjoy panoramic views of Commencement Bay, Mt. Rainier, Olympics, and Cascade Mountains.; Close proximity to Murano Hotel, Marriott Hotel, Tacoma Convention Center, YMCA, and Link Light Rail.
