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Retail and Office Suite Availability
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1720 S 7th St, Tacoma, WA 98405

Renovated retail/office suites are available for lease, with Suites 104 and 105 offered upon 30 days notice.

Space Size1,160 SF
Days on Market165

Property Features for 1720 S 7th St

General Information

Standard status Active
Size 1,160 SF
Property subtype RETAIL
Lease Type Gross

Site & Location

Neighborhood Central
Highway Access Yes
Road Access Yes

Spaces For Lease

at 1720 S 7th St
1,160 SF Retail/Office/Creative/Flex For Lease near 6th Ave $2,450/Mo
Floor 1
Size 1,160 SF
Type RETAIL
Lease Type GROSS
Availability AVAILABLE
Retail/office suites available for lease Tacoma Wonder Building in bustling 6th Ave and Division District! Suite 104 and 105 available 8/1/26. MAJOR RENOVATION AND UPGRADES COMPLETED Prime location between Downtown Tacoma, Hospital District, University of Washington Tacoma, University of Puget Sound and 6th Ave Retail District Located at busy intersection Sprague Ave, 6th Ave, Division Ave with direct access to Highway 16 and Interstate. Across the street from Starbucks, KFC and and Baskin Robbins 10-minute walk from future Link Light Rail Stop at 6th and MLK Unique building with lots of character and history Great Exposure and Visibility; Near I-5 and HWY-16
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Listing Agency: Clover Capital LLC
Listed By: Neal Mulnick
Source: Moodyscre
Added: May 12 Changed: Oct 21 Last Checked: Oct 23 at 4:05AM

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 Clover Capital LLC

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Investment Insights

Based on property information with market context.

Retail and office suites are available for lease in the Tacoma Wonder Building. Suites 104 and 105 are currently available with 30 days notice. The property has undergone major renovations and upgrades.

Located in the 6th Ave and Division District, the building is positioned between Downtown Tacoma, the Hospital District, the University of Washington Tacoma, and the University of Puget Sound. Direct access is provided to Highway 16 and Interstate routes. The property sits at a busy intersection on Sprague Ave, 6th Ave, and Division Ave.

The building is listed as having great exposure and visibility, with nearby businesses including Starbucks, KFC, and Baskin Robbins, and it is described as being about a 10-minute walk from a future Link Light Rail stop at 6th and MLK.

Key Highlights

  • Retail/office suites for lease in the Tacoma Wonder Building, built in 2020
  • Suites 104 and 105 available with 30 days notice
  • Major renovation and upgrades completed

Property Analytics

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Current Use

Glammed by Lupe Cosmetic Store Boudoir by Megan ... Photography Service Wave Combat Sports Training Center The Training Pit Gym & Fitness Center Tacoma Select Training Center

Suggested Use

Top Pick Accounting Firm HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,631
Businesses Nearby

Demographics for 98405, WA

24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Tacoma, WA

$20.01 /SF/Yr
Avg Asking Price
$3.11–$27.42 /SF/Yr
Price Range
4,882 SF
Avg Space Size

This space is priced 27% above the average of $20.01 /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

Frequently Asked Questions

What type of property is this?
Retail space - Renovated retail/office suites are available for lease, with Suites 104 and 105 offered upon 30 days notice.
Where is this retail space located?
The property is located at 1720 S 7th St Tacoma, WA.
What is the lease rate?
The lease rate is $2,450/Mo.
What are key features of this property?
This property features: Retail/office suites for lease in the Tacoma Wonder Building, built in 2020; Suites 104 and 105 available with 30 days notice; Major renovation and upgrades completed
(253) 973-7770 Call to check price and availability
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