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Matador Building North Half
For Lease
Contact for pricing

711-717 Pacific Ave, Tacoma, WA 98402

Office building with parking in Tacoma, WA for sale.

Space Size5,220 SF
Days on Market1405

Property Features for 711-717 Pacific Ave

General Information

Standard status Active
Size 5,220 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 711-717 Pacific Ave Contact us

7th & Pacific Office - 711 $12/SF/Yr

Size
5,220 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Contact us
Listing Agency: Kidder Mathews
Listed By: Joel Shabel · License #72923
Source: Moodyscre
Added: Nov 1, 2022 Changed: Sep 4 Last Checked: Aug 8 at 5:55AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

The property located at 711, 715 & 717 Pacific Ave comprises the north half of the Matador building. This section of the building is now its own parcel and is available for sale. The property includes 6 parking stalls. The building has a total size of 5,220 square feet. The first and second floors are combined. This property presents an opportunity for an owner user.

Key Highlights

  • Own parcel available for the first time.
  • Ideal owner user opportunity.
  • Includes 6 parking stalls.

Property Analytics

Current Use

Office buildings

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,121
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

$27.33 /SF/Yr
Avg Asking Price
$22–$32 /SF/Yr
Price Range
18,251 SF
Avg Space Size

This space is priced 56% below the average of $27.33 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with parking in Tacoma, WA for sale.
Where is this office building located?
The property is located at 711-717 Pacific Ave Tacoma, WA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Own parcel available for the first time.; Ideal owner user opportunity.; Includes **6 parking stalls**.
(253) 722-1406 Call to check price and availability
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