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8 5058 Main St
1,725 SF of Retail Space Available in Tacoma, WA 98407
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,725 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $5,031 /MO $60,375 /YR | Triple Net (NNN) |
1st Floor
Ruston’s destination experience lures visitors from a vast trade area, stretching from Everett to Olympia. On average, guests stay for 151 minutes, nearly doubling the typical duration spent at Westfield Southcenter and University Village. Point Ruston shines as the South Sound’s pride & joy, offering awe-inspiring waterfront vistas along with a wide array of dining options, shopping experiences, recreational activities, and entertainment amenities. Ruston offers a diverse selection of dining options, including seafood, cafes, casual dining, international cuisine, fine dining, fast food, and dessert shops, making it a versatile destination for a wide range of culinary experiences along Tacoma’s waterfront. Visitor activity at the center now surpasses pre-COVID levels (2.7M visitors in the last 12 months), and it’s anticipated that traffic will continue to increase as the tenant roster becomes more firmly established in the surrounding region.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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.
PROPERTY FACTS FOR 5058 Main St , Tacoma, WA 98407
Property Type | Retail | Gross Leasable Area | 10,110 SF |
Property Subtype | Retail | Year Built | 2018 |
Property Type | Retail |
Property Subtype | Retail |
Gross Leasable Area | 10,110 SF |
Year Built | 2018 |
About the Property
RUSTON WAY is a place where locals and visitors come to relax and enjoy the beauty of the Pacific Northwest. Ruston features a long, picturesque waterfront promenade that stretches for approximately 2.5 miles along the shores of Puget Sound. It is an excellent location for water-related activities such as kayaking, paddleboarding, and boating. There are numerous restaurants and cafes along Ruston Way, making it a popular dining destination in Tacoma. Visitors can enjoy a variety of cuisines, seafood, and even outdoor dining with ocean views.
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8 | 5058 Main St
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