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Retail Space with Customer Parking
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2921 S 38th St, Tacoma, WA 98409

Retail space for rent near Tacoma Mall, with convenient access to I-5 and customer parking on South 38th Street.

Space Size3,000 SF
Days on Market233

Property Features for 2921 S 38th St

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 2921 S 38th St
Michaels Plaza $21/SF/Yr
Size 3,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
• Prime retail location close to the Tacoma Mall • Moments from I-5 with public transportation next to center • 44,000 on South 38th Street • Excellent parking for customers
Contact us
Listing Agency: First Western Properties - Tacoma, Inc.
Listed By: Ray Velkers
Source: Moodyscre
Added: Mar 10 Changed: Oct 26 Last Checked: Oct 28 at 10:59AM

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 First Western Properties - Tacoma, Inc.

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Investment Insights

Based on property information with market context.

This retail space is available for rent in a shopping center setting, positioned for everyday customer convenience. The offering benefits from on-site customer parking and a storefront location built for retail foot traffic.

Located at 2921 S 38th St in Tacoma, the center is described as close to Tacoma Mall and moments from I-5, with public transportation nearby. Visibility/exposure is noted along South 38th Street with “44,000” referenced for the corridor, and the site is marketed for strong customer parking convenience.

For retailers seeking a Tacoma-area location with straightforward access and parking, this space in the shopping center environment provides a practical option aligned with the center’s stated access and shopper orientation.

Key Highlights

  • Retail space for rent near Tacoma Mall
  • Located on South 38th Street
  • About 44,000 (per provided remarks) on South 38th Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

UPS Access Point ... Courier Service Michaels (Bike/Boat/Book/etc) Store Michaels Custom Framing (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hotel & Motel Carpet & Flooring Store Acupuncture Storage Facility Parking Lot & Garage Butcher

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,655
Businesses Nearby
434k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 42% Shops & Services 31% Apparel 19% Groceries 4%
Costco Wholesale Superstores
180,804 visits/mo 0.4 miles
Costco Gasoline Shops & Services
74,534 visits/mo 0.4 miles
Ross Dress for Less Apparel
30,862 visits/mo 0.1 miles
Michaels Shops & Services
30,544 visits/mo 0.1 miles
Big 5 Sporting Goods Apparel
18,914 visits/mo 0.3 miles

Demographics for 98409, WA

27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

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  • Coin Cloud Bitcoin ATM — 4502 S Steele St, Tacoma, WA 98409
  • Tacoma Mall Receiving Loading Dock — 4502 S Steele St, Tacoma, WA 98409

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space for rent near Tacoma Mall, with convenient access to I-5 and customer parking on South 38th Street.
Where is this shopping center located?
The property is located at 2921 S 38th St Tacoma, WA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Retail space for rent near Tacoma Mall; Located on South 38th Street; About 44,000 (per provided remarks) on South 38th Street
(253) 284-3632 Call to check price and availability
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