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    FOR LEASE
    Office Spaces

    215 Garfield St S, Tacoma, WA 98444

    5,668 SF 0.23 ac lot Built 2001
    Entity Owned 26-yr Hold ~ Est. High Equity
    Property ID
    US90-0776093
    Property summary
    AI-generated overview

    This Tacoma, WA office space, located at 215 Garfield St S, offers a 2,405 square foot traditional office suite within a larger 5,668 square foot building. The property, built in 2001, is a two-story Class B building situated on a 0.229-acre lot and zoned TCTR. The suite boasts high-quality finishes and abundant natural light, creating a quiet and productive workspace. Ample parking is available in a lighted lot and on Garfield Street, providing convenient access for employees and clients. The building features four total suites, with this particular suite offering excellent signage potential on a monument sign. The property is conveniently located near SR-512 and Pacific Ave, offering easy access to major transportation routes. The asking lease rate is $18 per square foot per year, plus NNN charges. The APN is 676200-2-470. While there are no elevators, the building is well-maintained and offers a comfortable work environment. This space is ideal for a business seeking a well-located, functional office space in a vibrant Tacoma neighborhood. The minimum divisible space is 2,405 sq ft, and the maximum contiguous space is also 2,405 sq ft. Modern lighting complements the natural light, enhancing the overall workspace.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 2001
    Construction WOOD FRAME
    Total area 5,668 SF
    Lot 0.23 ac (10,000 SF)
    Zoning code AC
    APN 6762002470
    UPID US90-0776093
    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
    • Parkland Auto Licensing Inc Department Of Motor Vehicles
    • Douglas Schmidli Farmers Insurance Insurance Agency
    • Invisible Wires Inc City Government Office
    • DMS Insurance Benefits Insurance Agency
    • Active Insurance Benefits Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.21M
    Comparable Approach Comparable
    $723k
    Blend (final) Blend
    $960k
    Owner & transaction history
    J L M Properties · 26 yrs held
    J L M Properties
    since 1999
    6 recorded transactions
    2023
    2001
    1999
    $100,000
    1998
    $112,500
    1969
    1969
    Zoning & alternative use
    AC · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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