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    2128 Pacific Ave Tacoma, WA 98402

    Sponsored
    For Lease
    $12 SF/Yr

    Downtown Tacoma industrial space, perfect for distribution.

    Lot size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 2128-2134 Pacific Avenue in Tacoma, Washington, offers 36,000 square feet of warehouse and distribution space across two connected, three-story buildings. The property is currently vacant and available for immediate occupancy. Each floor provides flexible floor plates ranging from 6,000 to 12,000 square feet, boasting impressive ceiling heights of 12 to 17 feet. Convenient access is provided via a mix of grade-level and dock-high loading doors on the first and second floors. The property is zoned WR HIST (Warehouse/Residential & Historical), reflecting its prime location in downtown Tacoma. Its strategic position offers significant advantages, situated adjacent to the University of Washington Tacoma campus and the vibrant Brewery Blocks district. Furthermore, the property benefits from easy access to major freeways and a wealth of nearby amenities, making it an ideal location for a variety of industrial businesses. The total building size is 36,000 square feet, situated in Pierce County, WA, zip code 98402. This single-tenant property presents a unique opportunity for a business seeking a substantial and well-located industrial space in a thriving urban environment.

    Property Features for 2128 Pacific Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,000 SF
    Total Rate
    36000

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    2128 - 2134 Pacific Ave
    Size
    36,000 SF
    Rate per SF
    $12

    HighLights

    • 36,000 SF warehouse/distribution space in two connected, three‑story buildings.
    • Vacant and immediately available.
    • Flexible floor plates (6,000‑12,000 SF) with 12‑17' ceiling heights.
    • Grade‑level and dock‑high loading.
    • Located in downtown Tacoma, WA (98402), near UW Tacoma and Brewery Blocks, with freeway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4364564
    Latitude
    47.2418615

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    FAQs

    What type of property is this?
    Distribution property - Downtown Tacoma industrial space, perfect for distribution.
    Where is this distribution property located?
    The property is located at 2128 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: 36,000 SF warehouse/distribution space in two connected, three-story buildings.; Vacant and immediately available.; Flexible floor plates (6,000-12,000 SF) with 12-17' ceiling heights.
    Request Owner's contact information
    2128 Pacific Ave Tacoma, WA 98402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2128 Pacific Ave Tacoma, WA 98402
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