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Treatment Room Office Unit
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7815 Pacific Ave, Tacoma, WA 98408

A renovated professional suite includes 11 treatment rooms and shared access to parking and common amenities.

Property Size2,300 SF
Price / SF$250
Days on Market4

Property Features for 7815 Pacific Ave

General Information

Standard status Active
Size 2,300 SF
Property subtype OFFICE

Site & Location

Neighborhood South End

Additional Details

Office Units 11

Building Details

Year Renovated 2026
Buildings 1
Listing Agency: Better Properties Real Estate
Listed By: Mark Hulen · License #50093
Source: Moodyscre
Added: Oct 22 Changed: Oct 24 Last Checked: Oct 24 at 2:52PM

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 Better Properties Real Estate

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Investment Insights

Based on property information with market context.

This office unit contains 11 treatment rooms within 2300 square feet. The layout also includes three bathrooms, two ADA-compliant, plus washer and dryer hookups and a heat pump. Renovations were completed in 2026.

The property is at 7815 Pacific Ave in a commercial complex of eight buildings, each on its own parcel. Parking and common amenities are available to the complex.

Key Highlights

  • 2300 square feet of office space
  • 11 treatment rooms
  • Three bathrooms, including two ADA‑compliant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,260
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,200 $745.2K
Cap Rate 7%
$532,286 $532.3K
Cap Rate 9%
$414,000 $414.0K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$62.1K $27.00/SF
− Vacancy
−$12.4K −$5.40/SF
EGI
$49.7K $21.60/SF
− OpEx
−$12.4K −$5.40/SF
NOI
$37.3K $16.20/SF
Area
Tacoma, WA
Vacancy
20.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,200
Cap Rate 7%
$532,286
Cap Rate 9%
$414,000

Alternative Uses

Best Use
Office B
$532.3K
$465.8K – $621.0K (±1% cap)
NOI $37,260 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$707.0K
$618.6K – $824.8K (±1% cap)
NOI $49,487 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Electrical Service Accounting Firm Furniture & Home Goods

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

11
Office units

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

Demographics for 98408, WA

20,566
Population
8,418
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
3.4 sq mi
ZIP Area
6,049
Density / Sq Mi
$78,855
Median Household Income
$45,786
Median Earnings
$1,610
Median Rent
$379,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - A renovated professional suite includes 11 treatment rooms and shared access to parking and common amenities.
Where is this office unit located?
The property is located at 7815 Pacific Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2300 square feet of office space; 11 treatment rooms; Three bathrooms, including two ADA‑compliant
(253) 921-0887 Call to check price and availability
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