Downtown Office Campus for
For Lease
Contact for pricing
950 Broadway, Tacoma, WA 98402
Two connected office buildings with skybridges and a 538-stall parking garage, renovated and offered with flexible lease terms.
Property Size713 SF
Days on Market1222
Property Features for 950 Broadway
General Information
Standard status
Active
Size
713 SF
Total Parking Spaces
538
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Flexible Term
Yes
Amenities
skybridges
6-story atrium
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 238-0043
Listed By:
Harrison Laird
(253) 238-0044
Source:
Moodyscre
Added: Mar 30, 2023
Changed: Jul 28
Last Checked: Aug 1 at 2:06PM
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.
949 Market is part of the Tacoma Rhodes Center, an approximately 157,883-square-foot office campus in downtown Tacoma. The campus includes two office buildings and a 538-stall parking garage, with the structures connected by skybridges.
A $10M renovation was completed around the turn of the century, including a new 6-story atrium in 950 Broadway, a seismic retrofit, and significant upgrades to the building systems.
Under new ownership, the assets are being offered for lease with flexible terms. Tax IDs include 2009060080, 2009070084, and 2009080051.
A $10M renovation was completed around the turn of the century, including a new 6-story atrium in 950 Broadway, a seismic retrofit, and significant upgrades to the building systems.
Under new ownership, the assets are being offered for lease with flexible terms. Tax IDs include 2009060080, 2009070084, and 2009080051.
Key Highlights
- Part of Tacoma Rhodes Center in downtown Tacoma with two connected office buildings via skybridges
- Office campus totals 1,157,883 SF
- Includes a 538‑stall parking garage connected to the office structures
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,175
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
$21.97 /SF/Yr
Avg Asking Price
$1.6–$32 /SF/Yr
Price Range
18,041 SF
Avg Space Size
This space is priced 59% above the average of $21.97 /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 - Two connected office buildings with skybridges and a 538-stall parking garage, renovated and offered with flexible lease terms.
Where is this office building located?
The property is located at 950 Broadway Tacoma, WA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Part of Tacoma Rhodes Center in downtown Tacoma with two connected office buildings via skybridges; Office campus totals 1,157,883 SF; Includes a 538‑stall parking garage connected to the office structures
