Bright Divisible Office
For Lease
Contact for pricing
1551 Commerce St, Tacoma, WA 98402
Bright office space with exposed brick and beam construction, divisible into multiple configurations for flexible occupancy.
Space Size7,235 SF
Days on Market1255
Property Features for 1551 Commerce St
General Information
Standard status
Active
Size
7,235 SF
Property subtype
OFFICE
Lease Type
Full Service
Site & Location
Neighborhood
New Tacoma
Highway Access
Yes
Building Details
Construction
brick & beam
Spaces For Lease
at 1551 Commerce St
Suite 200
$22/SF/Yr
Floor
2
Size
7,235 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
No
Premier location nestled between the heart of downtown Tacoma and the University of Washington Tacoma campus, adjacent to the Tacoma Convention Center. Convenient access to light rail, freeways, and parking. Beautiful, bright space with a modern industrial chic vibe; exposed brick and beam construction. Divisible in multiple configurations; flexible terms.
Contact us
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 383-8382
Listed By:
Harrison Laird
(253) 238-0044
Source:
Moodyscre
Added: Jun 1, 2023
Changed: Nov 6
Last Checked: Nov 4 at 11:46AM
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
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Investment Insights
Based on property information with market context.
This for-rent office suite features a bright interior with exposed brick and beam construction. The space can be divided into multiple configurations to support different layouts, and offers flexibility on terms.
Located at 1551 Commerce St in Tacoma, the property is positioned between the downtown area and the University of Washington Tacoma campus, with adjacency to the Tacoma Convention Center. Access is convenient to light rail, area freeways, and parking.
For tenants seeking a modern industrial-chic feel and a flexible floor plan, this space provides an adaptable setup within a well-connected downtown/education-convention corridor.
Located at 1551 Commerce St in Tacoma, the property is positioned between the downtown area and the University of Washington Tacoma campus, with adjacency to the Tacoma Convention Center. Access is convenient to light rail, area freeways, and parking.
For tenants seeking a modern industrial-chic feel and a flexible floor plan, this space provides an adaptable setup within a well-connected downtown/education-convention corridor.
Key Highlights
- Bright office space with exposed brick and beam construction
- Space is divisible into multiple configurations for flexible occupancy
- Located between downtown Tacoma and the University of Washington Tacoma campus, adjacent to the Tacoma Convention Center
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,637
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
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Market
Lease Benchmarks for Tacoma, WA
$21.54 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
7,411 SF
Avg Space Size
This space is priced 2% above the average of $21.54 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Tacoma, WA
Properties on Market for Office Units in Tacoma
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Bright office space with exposed brick and beam construction, divisible into multiple configurations for flexible occupancy.
Where is this office unit located?
The property is located at 1551 Commerce St Tacoma, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Bright office space with exposed brick and beam construction; Space is divisible into multiple configurations for flexible occupancy; Located between downtown Tacoma and the University of Washington Tacoma campus, adjacent to the Tacoma Convention Center
