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Converted Historic Office Building
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2516 S Holgate St, Tacoma, WA 98402

Converted historic warehouse office space with private on-site parking and additional outside client parking.

Space Size16,119 SF
Days on Market571

Property Features for 2516 S Holgate St

General Information

Standard status Active
Size 16,119 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood New Tacoma

Amenities

private parking within the building
client parking on the outside

Spaces For Lease

at 2516 S Holgate St
Wearhouse District Office For Lease $18/SF/Yr
Size 16,119 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Converted historic warehouse to beautiful office space. Private parking within the building as well as client parking on the outside.
Contact us
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Kyle Prosser
Source: Moodyscre
Added: Apr 7, 2025 Changed: Oct 26 Last Checked: Oct 28 at 10:55AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This converted historic warehouse has been repurposed into office space. Parking is available both within the building for private use and on the outside for client parking.

The property is located at 2516 S Holgate St in Tacoma, WA 98402.

The space is offered for rent.

Key Highlights

  • Converted historic warehouse into office space
  • Private parking available within the building
  • Additional outside client parking available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lightcurve Internet Telecommunications Service Net-Venture Telecommunications Service Security Guards - Washington ... Security Service Joe 2 Son's ... Plumbing Service

Suggested Use

Top Pick Auto Parts Store Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Cosmetic 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,040
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tacoma, WA

$24.2 /SF/Yr
Avg Asking Price
$16–$30 /SF/Yr
Price Range
15,719 SF
Avg Space Size

This space is priced 26% below the average of $24.2 /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

Frequently Asked Questions

What type of property is this?
Office building - Converted historic warehouse office space with private on-site parking and additional outside client parking.
Where is this office building located?
The property is located at 2516 S Holgate St Tacoma, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Converted historic warehouse into office space; Private parking available within the building; Additional outside client parking available
(253) 444-3025 Call to check price and availability
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