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Cedar Medical Center

Off-Market

1901 South Cedar Street, Tacoma, WA 98405

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  • Property Type Office - Medical Office
  • Property Size 35,958 SF
  • Lot Size 2.6 Acre
  • Parking Spaces Avail. 143
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1982

Location

  • City Tacoma, WA
  • Neighborhood Central Tacoma
  • Zip Code 98405
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 25 Apr, 2007
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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 $118,294
  • Market Value* $9,436,300
  • Assessed Value $9,436,300

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 Cedar Medical Center?

Cedar Medical Center totals 35,958 square feet.

When was this property built?

Cedar Medical Center was built in 1982.

When was Cedar Medical Center last sold?

Cedar Medical Center was last sold on 25 Apr, 2007.

What is the property tax for Cedar Medical Center?

The property tax for Cedar Medical Center in 2021 was $118,294.

What is the market value for Cedar Medical Center?

The market value* for Cedar Medical Center in 2021 was $9,436,300.
*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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