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Pacific Avenue Retail Space Available
For Lease
$24 SF/Yr

1411-1423 Pacific Avenue, Tacoma, WA 98402

Retail space available in the Annex Building on Pacific Avenue.

Space Size5,331 SF - 5,636 SF
Property Size110,440 SF
Days on Market220

Property Features for 1411-1423 Pacific Avenue

General Information

Standard status Active
Size 5,331 SF - 5,636 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 110,440 SF
Year Built 1908

Spaces For Lease

at 1411-1423 Pacific Avenue Contact us

1423 Pacific Ave, Tacoma, WA $24/SF/Yr

Size
5,331 SF
Type
Restaurant
Term
Negotiable
Contact us

1423 Pacific Ave, Tacoma, WA $24/SF/Yr

Size
5,636 SF
Type
Annex
Term
Negotiable
Contact us
Listed By: Kyle Prosser
Source: Lee-associates
Added: Jan 27 Changed: Sep 4 Last Checked: Sep 4 at 2:49AM

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 Kyle Prosser

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

$18.88 /SF/Yr
Avg Asking Price
$3.11–$26 /SF/Yr
Price Range
4,974 SF
Avg Space Size

This space is priced 27% above the average of $18.88 /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 Avenue 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
More about this property
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