Downtown Office Campus for
For Lease
Contact for pricing
950 Broadway, Tacoma, WA 98402
Two connected office buildings with skybridges and a 538-stall parking garage, renovated and offered with flexible lease terms.
Space Size713 SF
Days on Market1318
Property Features for 950 Broadway
General Information
Standard status
Active
Size
713 SF
Total Parking Spaces
538
Property subtype
OFFICE
Lease Type
Full Service
Site & Location
Neighborhood
New Tacoma
Additional Details
Flexible Term
Yes
Amenities
skybridges
6-story atrium
Spaces For Lease
at 950 Broadway
Downtown Office Campus For Lease
$35/SF/Yr
Floor
4
Size
713 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
No
949 Market is part of the Tacoma Rhodes Center, a ±157,883 square foot office campus located in downtown Tacoma. The campus consists of two office buildings, along with a 538-stall parking garage; each of the structures are connected by skybridges. A $10M renovation was completed at the turn of the century which included a new 6-story atrium in 950 Broadway, a seismic retrofit, and significant upgrades to the building systems. Now under new ownership, the assets are being offered for lease with flexible terms.
Tax iD #: 2009060080; 2009070084; 2009080051
Contact us
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 383-8382
Listed By:
John Bauder, CCIM
(253) 238-0043
Source:
Moodyscre
Added: Mar 30, 2023
Changed: Nov 5
Last Checked: Nov 4 at 4:09PM
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
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Investment Insights
Based on property information with market context.
949 Market is part of the Tacoma Rhodes Center, an approximately 157,883-square-foot office campus in downtown Tacoma. The campus includes two office buildings and a 538-stall parking garage, with the structures connected by skybridges.
A $10M renovation was completed around the turn of the century, including a new 6-story atrium in 950 Broadway, a seismic retrofit, and significant upgrades to the building systems.
Under new ownership, the assets are being offered for lease with flexible terms. Tax IDs include 2009060080, 2009070084, and 2009080051.
A $10M renovation was completed around the turn of the century, including a new 6-story atrium in 950 Broadway, a seismic retrofit, and significant upgrades to the building systems.
Under new ownership, the assets are being offered for lease with flexible terms. Tax IDs include 2009060080, 2009070084, and 2009080051.
Key Highlights
- Part of Tacoma Rhodes Center in downtown Tacoma with two connected office buildings via skybridges
- Office campus totals 1,157,883 SF
- Includes a 538‑stall parking garage connected to the office structures
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,687
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Tacoma, WA
$24.2 /SF/Yr
Avg Asking Price
$16–$30 /SF/Yr
Price Range
16,057 SF
Avg Space Size
This space is priced 45% above the average of $24.2 /SF/Yr.
Average Price Trend$/SF/Yr for Office buildings in Tacoma, WA
Properties on Market for Office buildings in Tacoma
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Two connected office buildings with skybridges and a 538-stall parking garage, renovated and offered with flexible lease terms.
Where is this office building located?
The property is located at 950 Broadway Tacoma, WA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Part of Tacoma Rhodes Center in downtown Tacoma with two connected office buildings via skybridges; Office campus totals 1,157,883 SF; Includes a 538‑stall parking garage connected to the office structures
