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Property profile

1117 Broadway Tacoma, WA 98402

OFF-MARKET
Retail properties & Spaces
33,662 SF
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Property summary

AI-generated overview

This exceptional Downtown Tacoma property, located at 1117 Broadway, offers multiple professional office suites for lease. The building, a renovated gem in the heart of the city, boasts 33,662 square feet of space, with two available suites ranging from 3,200 to 4,040 contiguous square feet. Suite 501, a 3,200 square foot space, features desirable amenities including open work areas, private offices, and a kitchenette, all enhanced by exposed brick and impressive 20-foot high ceilings. The building's prime location provides easy access to major freeways (SR 16, I-705, I-5), the Tacoma Financial Center, and Hotel Murano. Public transportation is readily available via the nearby Tacoma Link light rail, expanding its reach throughout the city. Ample street parking is available, supplemented by convenient access to a city parking lot via the Skybridge and a monthly parking garage on Commerce Street. The versatile space is suitable for both office and retail uses, making it an ideal location for a variety of businesses. The 0.23-acre lot ensures a prominent presence in this vibrant downtown area. This is a truly unique opportunity to secure a prestigious office space in one of Tacoma's most desirable locations.

Property profile

Verified
Property type Retail properties & Spaces
Total area 33,662 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Real Estate Agency
  • IT Consulting Firm Tech Support Center
  • Recording Studio
  • Law Firm

Location

1117 Broadway Tacoma, WA 98402
Tacoma metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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