For Sale
$1,995,000
702 BroadwayTacoma, WA 98402
Historic Office, High Growth Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 111
Highlights
- High-growth Tacoma submarket with significant infrastructure improvements supporting multifamily and commercial development.
- Excellent Downtown Tacoma location with easy access to amenities, Link Light Rail, and I-5.
- Significant lease conversion opportunity to increase rents and secure long-term agreements.
- Strong rental upside potential; current average rent is $21.06, market rent is $24-31 NNN.
- Exceptional tenant mix including medical, legal, utility, and financial services.
- Prime location near Link Light Rail, Tacoma Town Center, and other major developments.
Property Details for 702 Broadway
- Property type
- Office properties
- Square Feet
- 15,213 SF
- Class
- B
- Year Built/Renovated
- 1914/1980
- Buildings
- 1
- Stories
- 3
- Units
- 33
Location Insight
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Latitude
- 47.2575366
- Longitude
- -122.4412579
702 Broadway, Tacoma, Washington
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