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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 Market236

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

Highway Access Yes
Road Access Yes

Spaces For Lease

at 4020 S Steele St Contact us

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...
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Listing Agency: KW Commercial, CPRE LLC
Listed By: Kirk Thorson
Source: Moodyscre
Added: Jan 20 Changed: Aug 8 Last Checked: Sep 12 at 10:08AM

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

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

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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
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
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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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