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124 Tacoma Ave S, Tacoma, WA 98402

Full-building office opportunity with flexible short-term terms and multi-floor space in downtown Tacoma.

Space Size36,000 SF
Days on Market156

Property Features for 124 Tacoma Ave S

General Information

Standard status Active
Size 36,000 SF
Net Rentable 36,000 SF
Property subtype OFFICE
Lease Type Gross

Space & Availability

Available Space 36,000 SF
Space Use Office

Lease Terms

Lease Term 12 months
Flexible Term Yes

Building Details

Building Size 36,000 SF

Spaces For Lease

at 124 Tacoma Ave S Contact us

Entire Building Available

Size
36,000 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE
Short-Term office opportunity available! - Full building available. - First floor...
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Listing Agency: Rush Properties
Listed By: Emily Frankland · License #96198
Source: Moodyscre
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 2:07PM

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 Rush Properties

Investment Insights

Based on property information with market context.

This full-building office opportunity is available for flexible short-term occupancy, with approximately 6–12 month terms. The space is arranged across two floors, offering 23,470 SF on the first floor and 12,530 SF on the second floor.

The property is located on the corner of Tacoma Ave S and 2nd Street in the Stadium District, with proximity to Wright Park. It is professionally managed by Rush Properties.

As a full-building offering, the layout supports tenants seeking to occupy an entire office footprint rather than a single suite.

Key Highlights

  • Full building office offering
  • First floor: 23,470 SF
  • Second floor: 12,530 SF

Property Analytics

Current Use

Shake Shake Shake Restaurant MultiCare Health System ... Information Services FLO Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Pet Grooming Service Furniture & Home Goods Mobile Phone Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,719
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

Market

Lease Benchmarks for Tacoma, WA

$22.9 /SF/Yr
Avg Asking Price
$1.6–$32 /SF/Yr
Price Range
13,826 SF
Avg Space Size

This space is priced 13% below the average of $22.9 /SF/Yr.

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 - Full-building office opportunity with flexible short-term terms and multi-floor space in downtown Tacoma.
Where is this office building located?
The property is located at 124 Tacoma Ave S Tacoma, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Full building office offering; First floor: 23,470 SF; Second floor: 12,530 SF
(253) 856-3636 Call to check price and availability
More about this property
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