Michael's Plaza

2921 South 38th Street, Tacoma, WA 98409

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Community Center
  • Property Size 194,935 SF
  • Lot Size 15.37 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1967
  • Date Updated Apr 23, 2026

Description

Michael's Plaza is a 194,935-square-foot community center situated on a 15.37-acre lot in Tacoma, WA. Built in 1967, this multi-tenant property offers ample retail space, making it an ideal destination for businesses seeking to establish a presence in South Tacoma. The building's scale and diverse tenancy provide opportunities for a variety of retail tenants to thrive.

Positioned in South Tacoma, the property benefits from a Walk Score of 58 out of 100 points, indicating it is somewhat walkable for businesses and patrons in the area. Several parking options are available within a range of approximately 1.2 to 1.6 miles, including the Center Street Park & Ride and South Tacoma Station Park & Ride. Additional public transportation options, such as St. Joseph and South 25th Street stations, are located approximately 1.8 to 2.2 miles away. These features support accessibility for both customers and employees.

2 Spaces Available

2921 South 38th Street

Space Type

Retail

Lease Rate

Negotiable

Total Space

2,000 SF

Additional Rent

$7.47/SF/YR

Additional Space Type

Strip

Divisible Space

2,000 - 2,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

2921 South 38th Street

Space Type

Retail

Lease Rate

Negotiable

Total Space

3,000 SF

Additional Rent

$7.47/SF/YR

Additional Space Type

Strip

Divisible Space

3,000 - 3,000 SF

Available Date

May 31, 2026

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Ray Velkers

First Western Properties

Location

Located at 2921 South 38th Street, Tacoma, WA 98409, this property is part of the South Tacoma neighborhood and Seattle market.

Contact Listing Broker
Ray Velkers

First Western Properties

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