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Waterfront Mixed-Use Opportunity in Tacoma
For Lease
$22 SF/Yr

1701-1715 Dock Street, Tacoma, WA 98402

Office, retail, and restaurant spaces with views of Mt. Rainier.

Space SizeContact for details
Property Size19,384 SF
Days on Market317

Property Features for 1701-1715 Dock Street

General Information

Standard status Active
Size 19,384 SF
Property subtype Class A Waterfront Office / Retail

Building Details

Year Built 2002
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Tom Brown
Source: Lee-associates
Added: Sep 25, 2025 Changed: Jul 6 Last Checked: Aug 7 at 1:10AM

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.

Thea's Landing offers an opportunity for office, retail, and restaurant uses with views of Mt Rainier and Thea's Waterway. This mixed-use project in downtown Tacoma consists of retail space under 6 stories of apartments and condos. The property is situated on the Thea Foss waterway and marina. The building features tall ceilings and natural light. The available space totals 19384 square feet and is located at 1701-1715 Dock Street in Tacoma.

Key Highlights

  • Premier location with VIEWS of Mt. Rainier and Thea's Waterway.
  • Waterfront property with boardwalk and marina access.
  • High visibility next to the Museum of Glass.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Restaurant Clothing & Fashion Store Florist

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,238
Businesses Nearby

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

$24.16 /SF/Yr
Avg Asking Price
$14–$30.01 /SF/Yr
Price Range
7,340 SF
Avg Space Size

This space is priced 9% below the average of $24.16 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office, retail, and restaurant spaces with views of Mt. Rainier.
Where is this office units located?
The property is located at 1701-1715 Dock Street Tacoma, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Premier location with VIEWS of Mt. Rainier and Thea's Waterway.; Waterfront property with boardwalk and marina access.; High visibility next to the Museum of Glass.
More about this property
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