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Property profile & analytics
OFF-MARKET
Office Spaces

1551 Broadway Tacoma, WA 98402

36,303 SF Built 1909
Property ID
Property summary
AI-generated overview

The Carlton Center offers exceptional executive office space in a prime Tacoma location. This Class B building, constructed in 1909 and boasting 36,303 square feet, provides a unique blend of historic charm and modern amenities. Currently, 21,887 square feet of space is available, divisible into units ranging from 7,235 to 7,376 contiguous square feet, offering flexibility for various business needs. The building's attractive design features exposed brick and beam construction, creating a bright and stylish modern industrial aesthetic. Its enviable location between downtown Tacoma and the University of Washington Tacoma campus offers unparalleled convenience. The property benefits from easy access to the Tacoma Convention Center, light rail, major freeways, and ample parking. Multiple tenancy options and flexible lease terms are available to accommodate diverse business requirements. This is an exceptional opportunity to secure high-quality office space in a vibrant and strategically advantageous location within Pierce County. The building's history adds character, while its modern updates provide a functional and appealing workspace. The available space presents a rare chance to establish a presence in a thriving area with excellent connectivity and a unique architectural setting.

Property profile
Verified
Property type Office Spaces
Year built 1909
Total area 36,303 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Republic Parking Parking Lot & Garage
  • Artificial Turf Supplier & Synthetic Grass Installation Of Tacoma Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
  • Altec Products Inc (Bike/Boat/Book/etc) Store Printing Service
  • City of Destiny Concrete Co Construction Company General Contractor
  • Parking Lot A Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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