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Freestanding Retail Building
For Sale
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3130 S 23rd St, Tacoma, WA 98405

Freestanding Hobby Lobby offered for sale, an anchor location within Tacoma Central shopping center.

Property SizeContact for details
Days on Market120

Property Features for 3130 S 23rd St

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:08AM

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 Northmarq - Seattle

Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire a freestanding Hobby Lobby located within Tacoma Central. Hobby Lobby has occupied the premises for over five years. The property is positioned as one of the anchors to the Tacoma Central Shopping Center.

Tacoma Central is described as a major daily-needs shopping center situated immediately north of the HWY 16/I-5 interchange. The center includes high-volume national retailers such as Target and TJ Maxx, along with other tenants.

As an anchored, freestanding retail facility, the site benefits from its role within a consolidated shopping center environment.

Key Highlights

  • Freestanding Hobby Lobby offered for sale within Tacoma Central shopping center
  • Located immediately north of the HWY 16/I‑5 interchange in Tacoma Central
  • Hobby Lobby has occupied the premises for over five years

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Hotel & Motel Hair Salon Real Estate Agency Carpet & Flooring 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,807
Businesses Nearby
560k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 50% Dining 18% Apparel 13% Shops & Services 12%
Walmart Superstores
147,282 visits/mo 0.3 miles
Target Superstores
134,924 visits/mo 0.2 miles
T.J. Maxx Apparel
59,174 visits/mo 0.1 miles
McDonald's Dining
41,424 visits/mo 0.4 miles
PetSmart Shops & Services
24,568 visits/mo 0.2 miles

Demographics for 98405, WA

24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding Hobby Lobby offered for sale, an anchor location within Tacoma Central shopping center.
Where is this retail space located?
The property is located at 3130 S 23rd St Tacoma, WA.
What are key features of this property?
This property features: Freestanding Hobby Lobby offered for sale within Tacoma Central shopping center; Located immediately north of the HWY 16/I‑5 interchange in Tacoma Central; Hobby Lobby has occupied the premises for over five years
More about this property
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