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Office Campus with Skybridge Access
For Lease
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950 Broadway, Tacoma, WA 98402

Downtown Tacoma office campus includes two connected buildings, a 538-stall parking garage, and a major renovation.

Space Size676 SF
Days on Market489

Property Features for 950 Broadway

General Information

Standard status Active
Size 676 SF
Total Parking Spaces 538
Property subtype OFFICE
Lease Type Full Service

Additional Details

Flexible Term Yes

Spaces For Lease

at 950 Broadway Contact us

Downtown Office Campus For Lease $30/SF/Yr

Floor
5
Size
676 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
949 Market is part of the Tacoma Rhodes Center, a ±157,883 square foot office campus...
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Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Harrison Laird
Source: Moodyscre
Added: Apr 21, 2025 Changed: Aug 8 Last Checked: Aug 22 at 11:38AM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

949 Market is part of the Tacoma Rhodes Center, a 1,157,883-square-foot office campus in downtown Tacoma. The campus includes two office buildings connected by skybridges, along with a 538-stall parking garage.

A $10M renovation was completed at the turn of the century and included construction of a new 6-story atrium in 950 Broadway, a seismic retrofit, and significant upgrades to the building systems. Under new ownership, the campus is being offered for lease with flexible terms.

Tax IDs include 2009060080, 2009070084, and 2009080051.

Key Highlights

  • Downtown Tacoma office campus totaling 1,157,883 SF across two office buildings
  • Two buildings connected by skybridges
  • 538‑stall parking garage on‑site

Property Analytics

Current Use

VSG Marketing Advertising Agency US Census Bureau Government Office The Geneva Foundation Research Foundation Sundance Cafe Food Market Tax Relief Settlement ... Tax Preparation

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Storage Facility Auto Repair Shop

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,687
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
18,213 SF
Avg Space Size

This space is priced 10% above 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
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Frequently Asked Questions

What type of property is this?
Office building - Downtown Tacoma office campus includes two connected buildings, a 538-stall parking garage, and a major renovation.
Where is this office building located?
The property is located at 950 Broadway Tacoma, WA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Downtown Tacoma office campus totaling 1,157,883 SF across two office buildings; Two buildings connected by skybridges; 538‑stall parking garage on‑site
(253) 238-0044 Call to check price and availability
More about this property
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