South Tacoma Office Space

South Tacoma

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,500
As of: February 27, 2017

South Tacoma Rates

Most listings are in the $30's per square foot per year. The South Tacoma submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the South Tacoma region has greater rates, and you'll need to pay a premium to be in this hot submarket.

South Tacoma Listing Supply

In the last 90 days, 4 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,500 sqft. Most properties in this market are around 2 stories. Most buildings in this market 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 area. Commute by car is the most popular way to get to work amongst South Tacoma folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Tacoma.
Market Report

Market Data

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

Tacoma Submarkets