South Tacoma Office Space

South Tacoma

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,040

South Tacoma Rates

Most listings are in the $10's per square foot per year. The South Tacoma region is experiencing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the South Tacoma region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

South Tacoma Listing Supply

In the last 90 days, 103 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the South Tacoma are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,040 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1980 and are Class B.

South Tacoma Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst South Tacoma occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Tacoma.
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