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Pacific Avenue Retail Space Available
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1411-1423 Pacific Ave, Tacoma, WA 98402

Retail space available in the Annex Building on Pacific Avenue.

Property Size5,636 SF
Lot Size0.49 Acres
Days on Market199

Property Features for 1411-1423 Pacific Ave

General Information

Standard status Active
Size 5,636 SF
Lot size 0.49 Acres
Property subtype RETAIL
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Harrison Laird
Source: Moodyscre
Added: Jan 14 Changed: Jul 6 Last Checked: Jul 21 at 7:02AM

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.

Located on Pacific Avenue, this property offers approximately 5,636 square feet of retail space within the Annex Building. The space can be divided to accommodate requirements from approximately 1,279 square feet up to the total available area. The property is suitable for restaurant use and has the capability for a vent shaft.

Key Highlights

  • ±5,636 SF available in the Annex Building
  • Ability for a vent shaft for a restaurant
  • Can be demised to ±1,279 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Pet Grooming Service Restaurant Tanning Salon

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,078
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 82% Shops & Services 11% Dining 7%
Marriott Tacoma Downtown Hotels & Casinos
11,090 visits/mo 0.2 miles
Courtyard Tacoma Downtown Hotels & Casinos
6,246 visits/mo 0.1 miles
Domino's Pizza Dining
1,484 visits/mo 0.4 miles
Enterprise Rent-A-Car Shops & Services
1,235 visits/mo 0.3 miles
Umpqua Bank Shops & Services
1,137 visits/mo 0.1 miles

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

$23.78 /SF/Yr
Avg Asking Price
$3.23–$81.73 /SF/Yr
Price Range
3,113 SF
Avg Space Size

This space is priced 1% above the average of $23.78 /SF/Yr.

Vacancy Rate% for Retail in West region

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

What type of property is this?
Retail space - Retail space available in the Annex Building on Pacific Avenue.
Where is this retail space located?
The property is located at 1411-1423 Pacific Ave Tacoma, WA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: ±5,636 SF available in the Annex Building; Ability for a vent shaft for a restaurant; Can be demised to ±1,279 SF
(253) 238-0044 Call to check price and availability
More about this property
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