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Office-School Buildout Office Building
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2156 Pacific Ave, Tacoma, WA 98402

Three-story office building with classrooms, restrooms, and an elevator built out for office or school use.

Property Size8,000 SF
Days on Market834

Property Features for 2156 Pacific Ave

General Information

Standard status Active
Size 8,000 SF
Property subtype OFFICE

Amenities

classrooms
restrooms
elevator

Building Details

Stories 3
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Harrison Laird
Source: Moodyscre
Added: Apr 18, 2024 Changed: Jul 25 Last Checked: Jul 30 at 9:24AM

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 three-story office building offers an office/school buildout with classrooms, restrooms, and elevator service. The property is configured to support multi-tenant or single-tenant use based on the space needs within the building.

Located downtown Tacoma, the building sits adjacent to the University of Washington and Brewery Blocks Tacoma.

As a specialty office building with dedicated classroom-style improvements and required support spaces, it may fit well for organizations looking for an existing educational office environment.

Key Highlights

  • Three‑story office building with single or multi‑tenant configuration
  • Built‑out for office or school use with classrooms
  • Includes restrooms throughout

Property Analytics

Current Use

Bayview Recovery Medical Clinic Angela Frye Physician Student Financial Aid ... Bank

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center Grocery & Convenience Store Florist

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,242
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

$21.97 /SF/Yr
Avg Asking Price
$1.6–$32 /SF/Yr
Price Range
18,041 SF
Avg Space Size

This space is priced 14% below the average of $21.97 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with classrooms, restrooms, and an elevator built out for office or school use.
Where is this office building located?
The property is located at 2156 Pacific Ave Tacoma, WA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Three‑story office building with single or multi‑tenant configuration; Built‑out for office or school use with classrooms; Includes restrooms throughout
(253) 444-3025 Call to check price and availability
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