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Historic Tacoma Office Building
For Lease
$26 SF/Yr

621 Pacific Avenue, Tacoma, WA 98402

Classic office space in downtown Tacoma with water and mountain views.

Space Size6,560 SF
Property Size11,320 SF
Days on Market261

Property Features for 621 Pacific Avenue

General Information

Standard status Active
Size 6,560 SF
Class A
Property subtype Office
Lease Type SF/yr
Lease Term Gross

Building Details

Building Size 11,320 SF

Spaces For Lease

at 621 Pacific Avenue Contact us

One Pacific Building $26 – $28/SF/Yr

Size
6,560 SF
Term
Negotiable
Contact us
Listing Agency: NAI Puget Sound Properties
Listed By: Kim Marvik · License #MARVIKD459R
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 9 at 6:20AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

One Pacific building, a Tacoma landmark, was originally constructed in 1889 as the Northern Pacific Railroad headquarters. It was renovated in 1984, preserving its art-deco design. The building is located in the north historic corridor of downtown Tacoma and offers office spaces with natural light, large hallways, and high ceilings. The property provides water and mountain views, secured access, on-site parking, and retail amenities. Office spaces range in size from 499 to 6,560 square feet. Executive suites and a penthouse are available. The building has immediate freeway access and is adjacent to Firefighters Park. The property is under new ownership and management.

Key Highlights

  • Historic, renovated office space with classic art‑deco design.
  • Sweeping views of water, mountain, and downtown Tacoma.
  • Prime downtown location in the north historic corridor with abundant retail amenities.

Property Analytics

Current Use

Court & Carpenter, PC ... Law Firm New Artisan Homes Construction Company Guardian Water & Power, ... General Contractor Pierce County Center ... Travel Agency Jill Nealey-Moore, Ph.D., ... Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Tanning Salon Veterinary Clinic Florist

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,596
Businesses Nearby

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

Market

Lease Benchmarks for Tacoma, WA

$24.16 /SF/Yr
Avg Asking Price
$14–$30.01 /SF/Yr
Price Range
7,340 SF
Avg Space Size

This space is priced 8% above the average of $24.16 /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
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Frequently Asked Questions

What type of property is this?
Office units - Classic office space in downtown Tacoma with water and mountain views.
Where is this office units located?
The property is located at 621 Pacific Avenue Tacoma, WA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Historic, renovated office space with classic art‑deco design.; Sweeping views of water, mountain, and downtown Tacoma.; Prime downtown location in the north historic corridor with abundant retail amenities.
More about this property
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