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Tacoma Central 3202-3304 S 23rd St
960 - 3,360 SF of Retail Space Available in Tacoma, WA 98405
Highlights
- High quality tenant mix & Top notch anchors: Target, Hobby Lobby, PetSmart and Office Depot
- Great location with over 1,000’ frontage on State Route 16
- TJ MAXX - #1 in trade area
- Low vacancy center
- 3.2 million visits/ 719,000 visitors in 12 months ending 1/31/22
- Target - 2nd highest in trade area
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E3 | 960 SF | 5 Years | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $2,880 /MO $34,560 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F6 | 2,400 SF | Negotiable | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $7,600 /MO $91,200 /YR | Triple Net (NNN) |
3202-3216 S 23rd St - 1st Floor - Ste E3
- Lease rate does not include utilities, property expenses or building services
3202-3216 S 23rd St - 1st Floor - Ste F6
2,400 SF space $38/NNN HIGH QUALITY tenant mix GREAT LOCATION with over 1,000’ frontage on State Route 16 TOP NOTCH ANCHORS Target, Hobby Lobby, PetSmart and Office Depot LOW vacancy center LOCATED in the heart of Allenmore Hospital District
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
- LOW vacancy center
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Tacoma Central
- Tenant
- Description
- US Locations
- Reach
- Bath & Body Works
- Health & Beauty Aids
- 2,748
- International
- Dollar Tree
- Dollar/Variety/Thrift
- 10,547
- International
- Famous Footwear
- Shoes
- 1,272
- International
- GameStop
- Game Store
- 4,242
- International
- GNC
- Nutrition Center
- 3,896
- International
- Hobby Lobby
- Hobby
- 1,375
- National
| Tenant | Description | US Locations | Reach |
| Bath & Body Works | Health & Beauty Aids | 2,748 | International |
| Dollar Tree | Dollar/Variety/Thrift | 10,547 | International |
| Famous Footwear | Shoes | 1,272 | International |
| GameStop | Game Store | 4,242 | International |
| GNC | Nutrition Center | 3,896 | International |
| Hobby Lobby | Hobby | 1,375 | National |
PROPERTY FACTS FOR 3202-3304 S 23rd St , Tacoma, WA 98405
| Center Type | Community Center | Gross Leasable Area | 331,464 SF |
| Parking | 1,963 Spaces | Total Land Area | 27.15 AC |
| Center Properties | 9 | Year Built | 1989 |
| Frontage |
| Center Type | Community Center |
| Parking | 1,963 Spaces |
| Center Properties | 9 |
| Frontage | |
| Gross Leasable Area | 331,464 SF |
| Total Land Area | 27.15 AC |
| Year Built | 1989 |
About the Property
The Tacoma Central Shopping Center is a highly desirable property with lease availability. This is a low vacancy center with high quality tenants and top-notch anchors including Target, Hobby Lobby, PetSmart, and Office Depot. The center boasts excellent visibility from Hwy 16 and averages 3.2 million visits annually. Available space includes a storefront located next to the Hobby Lobby with 1,168 SF of standard retail space. This property is located in the heart of the Allenmore Hospital District with over 1,000 feet of frontage on State Route 16. Multiple high-quality tenants drive consistent traffic to the shopping center with TJ Maxx ranked as the highest trade and Target ranked as the 2nd highest trade in the area.
- Freeway Visibility
Nearby Major Retailers
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Tacoma Central | 3202-3304 S 23rd St
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