Downtown Tacoma Office/School
For Lease
$19 SF/Yr
2156 Pacific Avenue S, Tacoma, WA 98402
Three-story office building near University of Washington and Brewery Blocks.
Space Size23,400 SF
Days on Market265
Property Features for 2156 Pacific Avenue S
General Information
Standard status
Active
Size
23,400 SF
Class
B
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
23,400 SF
Year Built
1929
Spaces For Lease
at 2156 Pacific Avenue S
Full Building - Divisible
$19/SF/Yr
Size
23,400 SF
Term
Negotiable
Listing Agency:
Lee & Associates Commercial Real Estate Services
Listed By:
Kyle Prosser
(253) 691-8696
Source:
Lee-associates
Added: Jan 27
Changed: Oct 16
Last Checked: Oct 19 at 5:27AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story building is configured for single or multi-tenant use. The interior is built out as an office or school, featuring classrooms, restrooms, and an elevator. The property is located in downtown Tacoma, adjacent to the University of Washington and the Brewery Blocks Tacoma.
Key Highlights
- Three‑story building ideal for single or multi‑tenant occupancy.
- Office/School buildout already in place featuring classrooms, restrooms, and an elevator.
- Located in Downtown Tacoma.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,242
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Tacoma, WA
$24.2 /SF/Yr
Avg Asking Price
$16–$30 /SF/Yr
Price Range
15,719 SF
Avg Space Size
This space is priced 21% below the average of $24.2 /SF/Yr.
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Three-story office building near University of Washington and Brewery Blocks.
Where is this office building located?
The property is located at 2156 Pacific Avenue S Tacoma, WA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Three‑story building ideal for single or multi‑tenant occupancy.; Office/School buildout already in place featuring classrooms, restrooms, and an elevator.; Located in Downtown Tacoma.
