Rainier Place Shopping Center

3801 South Steele Street, Tacoma, WA 98409

Property Information

  • For Lease $24.00/SF/YR
  • Property Type Retail - Neighborhood Center
  • Property Size 88,234 SF
  • Lot Size 6.42 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1955
  • Date Updated Jun 11, 2026

Description

Rainier Place Shopping Center is an 88,234-square-foot neighborhood center located on a 6.42-acre lot in South Tacoma. Built in 1955, this multi-tenant property provides ample opportunities for retail businesses seeking space in an established commercial hub. Its layout and scale make it ideal for accommodating a range of tenants and business types.

Situated at 3801 South Steele Street, the shopping center benefits from a Walk Score of 71 out of 100 points, which means many locations in the area are accessible on foot, enhancing foot traffic potential for retail tenants. Nearby parking options include South Tacoma East Park & Ride and South Tacoma West Park & Ride, located approximately 1.1 to 1.2 miles away, providing convenient access for customers and employees.

1 Space Available

3801 S Steele Street #4027B

Space Type

Retail

Lease Rate

$24.00/SF/YR

Total Space

2,268 SF

Additional Rent

$9.53/SF/YR

Divisible Space

2,268 - 2,268 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

 

• Digital monument signage

Visibility/Traffic Count (VPD): 44,000 CPD 38th Street; 170,000 CPD Interstate 5; 

Contacts

Location

Located at 3801 South Steele Street, Tacoma, WA 98409, this property is part of the South Tacoma neighborhood and Seattle market.

Contact Rainier Place Shopping Center
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