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Retail Space on Commercial Corridor

622-628 S Sprague Ave, Tacoma, WA 98405

For Lease
New
Contact for pricing

The property is near the University of Puget Sound and serves nearby North Tacoma communities.

Space Size1,050 SF
Days on Market3

Property Features for 622-628 S Sprague Ave

General Information

Standard status Active
Size 1,050 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Central
Highway Access Yes

Spaces For Lease

at 622-628 S Sprague Ave
6th Ave District Retail $2,500/Mo
Size 1,050 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
• Located along Tacoma’s established 6th Avenue commercial corridor • Convenient access to Downtown Tacoma and the Stadium District • Near the University of Puget Sound • Situated within an established residential and commercial neighborhood • Accessible to surrounding North Tacoma communities • Convenient connections to I-5 and SR-16 • Located along a recognizable commercial corridor with pedestrian and vehicle activity • Close to local parks, schools, and community amenities
Contact us
Listing Agency: First Western Properties - Tacoma, Inc.
Listed By: Jacob Fors · License #23033784
Source: Moodyscre
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 2:34PM

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.

Rey
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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 1,050-square-foot retail space is at 622-628 S Sprague Ave in Tacoma, within a neighborhood that includes residential and commercial uses. The address is part of the 6th Avenue business corridor.

Connections to I-5 and SR-16 provide access to Downtown Tacoma, the Stadium District, and North Tacoma communities. The University of Puget Sound, local parks, schools, and community amenities are nearby.

Key Highlights

  • 1,050 square feet of retail space
  • Located along Tacoma’s 6th Avenue commercial corridor
  • Near the University of Puget Sound

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Accounting Firm Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

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
NNN (Triple Net)
Lease Type
$4.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,631
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Groceries 29% Shops & Services 18% Home Improvements & Furnishings 4%
Safeway Groceries
21,361 visits/mo 0.5 miles
Taco Bell Dining
14,440 visits/mo 0.5 miles
Jack in the Box Dining
10,701 visits/mo 0.1 miles
Starbucks Dining
10,683 visits/mo 0.0 miles
ARCO Shops & Services
7,962 visits/mo 0.3 miles

Demographics for 98405, WA

24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value

Market

Lease Benchmarks for Tacoma, WA

$20.01 /SF/Yr
Avg Asking Price
$3.11–$27.42 /SF/Yr
Price Range
4,964 SF
Avg Space Size

This space is priced 43% above the average of $20.01 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Tacoma, WA

$22 Jul
$18.88 Aug
$20.01 Sep
$20.01 Oct

Properties on Market for Retail space in Tacoma

Jul
Aug
Sep
Oct

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?
Retail space - The property is near the University of Puget Sound and serves nearby North Tacoma communities.
Where is this retail space located?
The property is located at 622-628 S Sprague Ave Tacoma, WA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,050 square feet of retail space; Located along Tacoma’s 6th Avenue commercial corridor; Near the University of Puget Sound
(253) 880-2462 · Office Call to check price and availability
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