Listing Agency: CBRE - Tacoma b***@cbre.com Show Phone

Listed By: Bob Hacker Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 13 Last Checked: Aug 20 at 12:23PM

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Investment Insights

Based on property information with market context.

This commercial real estate property in University Place, Washington, offers 6,950 square feet of office space for rent. The property is classified as an office building and provides opportunities for various commercial real estate ventures.

Key Highlights

• 6,950 square feet of office space available for rent.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Auto Repair Shop HVAC Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

696

Businesses Nearby

Explore this area Business Placement

Demographics for 98467, WA

16,512

Population

6,718

Households

2.5

Avg Household Size

39

Median Age

42%

College-Educated

95%

High-School Grad

4.8 sq mi

ZIP Area

3,440

Density / Sq Mi

$90,586

Median Household Income

$48,802

Median Earnings

$1,566

Median Rent

$580,100

Median Home Value

Market

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 building - Office building with 6,950 square feet available for rent.

Where is this office building located?

The property is located at 7350 Cirque Drive West University Place, WA.

What are key features of this property?

This property features: 6,950 square feet of office space available for rent.