New Tacoma Retail

New Tacoma

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,500
As of: June 22, 2017

New Tacoma Rates

Most listings are in the $20's per square foot per year. The New Tacoma region is seeing a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.

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

New Tacoma Listing Supply

In the last 90 days, 9 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 589% of the available leases in the New 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,880 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1954 and are Class B.

New Tacoma Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst New Tacoma folk. Commuting more than an hour and a half 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 New Tacoma.
Market Report

Market Data

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

Tacoma Submarkets