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3606 South Sprague Avenue

Off-Market

3606 South Sprague Avenue, Tacoma, WA 98409

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail
  • Property Size 113,706 SF
  • Lot Size 10.14 Acre
  • Property Tenancy Owner Occupied
  • Year Built 1983

Location

  • City Tacoma, WA
  • Neighborhood South Tacoma
  • Zip Code 98409
  • Market Seattle

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Tacoma

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Tacoma Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.46
  • 2020 Office Vacancy Rate 6.49%
  • 2020 Office Completions (SF)
View more Tacoma market trends

Tax

  • Property Tax in 2021 $359,726
  • Market Value* $28,695,300
  • Assessed Value $28,695,300

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 3606 South Sprague Avenue?

3606 South Sprague Avenue totals 113,706 square feet.

When was this property built?

3606 South Sprague Avenue was built in 1983.

What is the property tax for 3606 South Sprague Avenue?

The property tax for 3606 South Sprague Avenue in 2021 was $359,726.

What is the market value for 3606 South Sprague Avenue?

The market value* for 3606 South Sprague Avenue in 2021 was $28,695,300.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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