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East Tacoma Retail Space Available
For Lease
$1,875/Mo
Pending

1621 -1625 E 72nd St, Tacoma, WA 98404

Retail suites in busy shopping center with high visibility.

Space SizeContact for details
Days on Market228

Property Features for 1621 -1625 E 72nd St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 2004
Listing Agency: TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC
Listed By: TIMOTHY JOHNSON
Source: Corcoran
Added: Jan 21 Changed: Jul 6 Last Checked: Jul 23 at 8:17AM

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 TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC

Investment Insights

Based on property information with market context.

Located in the East Tacoma/72nd Street retail corridor, Johnsborough Station is a shopping center with national retailers, local restaurants, and services. The center features visibility, convenient access, ample parking, and monument signage on 72nd St. The location sees customer traffic, with approximately 33,000 vehicles per day. Two end-cap retail suites are available for lease. Both Suite 600 and Suite 900 are 1,250 square feet and feature open space plans, storefront glass, frontage on 72nd St and ample parking.

Key Highlights

  • High Traffic Location: Approximately 33,000 vehicles per day.
  • Excellent Visibility: Prominent location with monument signage.
  • Located in Established Retail Corridor: Situated in the East Tacoma/72nd Street retail corridor.

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Auto Parts 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

376
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 31% Shops & Services 27% Electronics 3%
Safeway Groceries
48,900 visits/mo 0.2 miles
Wendy's Dining
21,706 visits/mo 0.1 miles
Safeway Gas Shops & Services
21,653 visits/mo 0.1 miles
Taco Bell Dining
17,301 visits/mo 0.1 miles
Dollar Tree Shops & Services
15,234 visits/mo 0.1 miles

Demographics for 98404, WA

35,172
Population
13,174
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
7.1 sq mi
ZIP Area
4,954
Density / Sq Mi
$79,562
Median Household Income
$41,977
Median Earnings
$1,440
Median Rent
$387,300
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 5% below 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 suites in busy shopping center with high visibility.
Where is this retail space located?
The property is located at 1621 -1625 E 72nd St Tacoma, WA.
What is the lease rate?
The lease rate is $1,875/Mo.
What are key features of this property?
This property features: High Traffic Location: Approximately 33,000 vehicles per day.; Excellent Visibility: Prominent location with monument signage.; Located in Established Retail Corridor: Situated in the East Tacoma/72nd Street retail corridor.
More about this property
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