On average, listings lease in the $10's per square foot per year. The South Tacoma region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the South Tacoma submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the South Tacoma are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1981 and are Class B.
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 residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.