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Retail/Office Space Near College
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1614 S Mildred St, Tacoma, WA 98465

Retail and office spaces with high traffic near Tacoma College.

Space Size950 SF - 1,901 SF
Property Size53,500 SF
Days on Market429

Property Features for 1614 S Mildred St

General Information

Standard status Active
Size 950 SF - 1,901 SF
Class B
Total Parking Spaces 88
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 53,500 SF
Year Built 1983
Tenancy Multiple

Spaces For Lease

at 1614 S Mildred St Contact us

1614-6

Size
950 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

1614-B

Size
1,901 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Vladimir Olyanich · License #WA 8077
Source: Crexi
Added: Jun 18, 2025 Changed: Aug 11 Last Checked: Aug 20 at 7:18AM

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 Coldwell Banker Commercial Danforth

Investment Insights

Based on property information with market context.

James Center North is situated across from Tacoma Community College, which serves over 12,000 students annually with 46 professional and technical degrees. A transit center is located across the street, contributing to high daytime traffic in the immediate area. Adjacent to James Center North is James Center, a 128,000 square foot retail center anchored by Fred Meyer. Other national tenants in the vicinity include Rite Aid, FedEx, Chase Bank, and IHOP. The neighboring co-tenancy is expected to provide synergies to the subject property.

Key Highlights

  • High daytime traffic due to proximity to a transit center.
  • Located across the street from Tacoma Community College (over 12,000 students).
  • Adjacent to James Center, a 128,000 SF retail center anchored by Fred Meyer.

Property Analytics

Current Use

YMCA Child Care Charitable Organization Wendy L. Huntington, ... Marriage Or Relationship Counselor Sylvan Learning of Tacoma Tutoring Service Allen Wellness Center Medical Clinic Lilac Learning Center ... Special Education Facility

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,010
Businesses Nearby

Demographics for 98465, WA

7,524
Population
3,771
Households
2
Avg Household Size
41
Median Age
38%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
4,703
Density / Sq Mi
$77,083
Median Household Income
$54,829
Median Earnings
$1,453
Median Rent
$544,500
Median Home Value

Market

Lease Benchmarks for Tacoma, WA

$18.88 /SF/Yr
Avg Asking Price
$3.11–$26 /SF/Yr
Price Range
5,310 SF
Avg Space Size

This space is priced 26% below the average of $18.88 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and office spaces with high traffic near Tacoma College.
Where is this retail space located?
The property is located at 1614 S Mildred St Tacoma, WA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: High daytime traffic due to proximity to a transit center.; Located across the street from Tacoma Community College (over 12,000 students).; Adjacent to James Center, a 128,000 SF retail center anchored by Fred Meyer.
(206) 212-2216 Call to check price and availability
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