Central Tacoma Retail

Central Tacoma

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,200
As of: July 19, 2017

Central Tacoma Rates

On average, listings lease in the $10's per square foot per year. The Central Tacoma region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 33% decrease in rent.

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

Central Tacoma Listing Supply

In the last 90 days, 0 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Central Tacoma are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1985 and are Class A.

Central Tacoma Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central Tacoma residents. Commuting between 20 and 25 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 Central Tacoma.
Market Report

Market Data

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

Tacoma Submarkets