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Frontage Retail Space with Dedicated HVAC
For Lease
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4020 S Steele St, Tacoma, WA 98409

Frontage retail space with a new roof and dedicated HVACs, located along Steele Street with ample customer parking.

Space Size2,592 SF
Days on Market281

Property Features for 4020 S Steele St

General Information

Standard status Active
Size 2,592 SF
Property subtype RETAIL
Lease Type NNN

Lease Terms

Lease Term 120 months
Flexible Term Yes

Site & Location

Neighborhood South End
Highway Access Yes
Road Access Yes

Spaces For Lease

at 4020 S Steele St
SPACE FOR LEASE! $24/SF/Yr
Size 2,592 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
This is an excellent retail location less than a ¼ mile from the Tacoma Mall! At 2,592 sqft, this space offers a very functional and inviting layout. The space is also competitively priced at $24/SF + NNN. The frontage location along Steele Street offers constant visibility and convenient access. The building has a new roof and new dedicated HVACs. There is plenty of parking and customer ingress/egress is simple. Flexible space offers a variety of potential uses. This area is fast growing, including the 2025 Village restaurant redevelopment just to the south. Why pay crazy Mall leasing prices?! Steele street offers high VPD count and easy I-5 access. Lease terms of 3-10 years considered. Future tenants to verify space to their satisfaction. All final Lease Agreements are at owner's sole discretion. Operating expenses can vary. View with discretion. Photos shown here are of a similar (smaller) adjacent space. Do not disturb other tenants. Inquire with Broker via email, and include good phone number. Showings are at broker’s/owner’s discretion, and currently done on weekends.
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Listing Agency: KW Commercial, CPRE LLC
Listed By: Kirk Thorson
Source: Moodyscre
Added: Jan 20 Changed: Oct 25 Last Checked: Oct 26 at 8:06PM

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 KW Commercial, CPRE LLC

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Investment Insights

Based on property information with market context.

A 2,592-square-foot retail storefront with a functional, flexible layout suited for a variety of uses. The building features a new roof and new dedicated HVAC units. Customer access and ingress/egress are straightforward, supported by plenty of on-site parking.

The property is positioned for visibility along Steele Street and is located less than a quarter mile from Tacoma Mall. The area is described as fast growing, including a 2025 Village restaurant redevelopment to the south. The remarks also note easy I-5 access.

Lease terms from 3 to 10 years are considered. Prospective tenants are advised to verify the space to their satisfaction, and operating expenses can vary. Showings are at the broker’s/owner’s discretion, currently on weekends, and photos reflect a similar smaller adjacent space.

Key Highlights

  • Frontage retail space along Steele Street, less than 1/4 mile from Tacoma Mall
  • 2,592 SF available with a functional, flexible layout for a variety of uses
  • New roof plus new dedicated HVAC units

Property Analytics

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

Current Use

Farmers Insurance - Rosa ... Insurance Agency Clover Daydreams: a safe ... (Bike/Boat/Book/etc) Store Botanicaz Garden Center Credit Saint by ... Financial Advisor Black Sheep Resale Discount Store

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Hotel & Motel Carpet & Flooring Store Storage Facility Bed & Breakfast

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,563
Businesses Nearby
973k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 39% Dining 19% Superstores 19% Shops & Services 15%
Costco Wholesale Superstores
180,804 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
77,353 visits/mo 0.5 miles
Costco Gasoline Shops & Services
74,534 visits/mo 0.2 miles
JCPenney Apparel
71,592 visits/mo 0.5 miles
Macy's Apparel
68,337 visits/mo 0.4 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
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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

Frequently Asked Questions

What type of property is this?
Storefront property - Frontage retail space with a new roof and dedicated HVACs, located along Steele Street with ample customer parking.
Where is this storefront property located?
The property is located at 4020 S Steele St Tacoma, WA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Frontage retail space along Steele Street, less than 1/4 mile from Tacoma Mall; 2,592 SF available with a functional, flexible layout for a variety of uses; New roof plus new dedicated HVAC units
(425) 985-5675 Call to check price and availability
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