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598 Commercial Real Estate Listings in Tacoma, WA

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Tacoma, WA Commercial Real Estate

There are currently 605 commercial listings available in Tacoma, WA. These listings include 310 commercial spaces that encompass a total of 8,629,454 square feet. Available commercial spaces in Tacoma, WA range in size from 194 square feet to 2,320,074 square feet. A total of 367 off-market commercial properties located in Tacoma, WA are also available for research.

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Tacoma, WA Commercial Inventory Breakdown

In 2022 the Tacoma, WA commercial real estate market totaled 4,797,090 square feet of office spaces, 5,199,395 square feet of office spaces with retail, and 34,299,977 square feet of industrial space.

Office Spaces

Total: 4,797,090 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 2,139,748 SqFt 44.61% of total office
100k to 500k SqFt 2,657,342 SqFt 55.39% of total office
By class:
Class A 904,137 SqFt 18.85% of total office
Class B 3,628,512 SqFt 75.64% of total office
Class C 264,441 SqFt 5.51% of total office


Class A office space holds a 18.85% share of the overall Tacoma, WA office market, while Class B office assets make up approximately 75.64%.

Industrial

Total: 34,299,977 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 5,213,830 SqFt 15.2% of total industrial
100k to 500k SqFt 20,171,965 SqFt 58.81% of total industrial
500k to 1M SqFt 7,825,382 SqFt 22.81% of total industrial
> 1M SqFt 1,088,800 SqFt 3.17% of total industrial
By class:
Class A 13,587,554 SqFt 39.61% of total industrial
Class B 14,254,043 SqFt 41.56% of total industrial
Class C 1,869,367 SqFt 5.45% of total industrial
There are 20,171,965 square feet of commercial real estate properties between 100k to 500k square feet, representing 58.81% of the Tacoma, WA industrial inventory. Class A assets total 13,587,554 square feet of industrial space, with an additional 14,254,043 square feet of Class B and 1,869,367 square feet of Class C properties.

Office Spaces with Retail

Total: 5,199,395 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,753,717 SqFt 33.73% of total office with retail
100k to 500k SqFt 2,869,464 SqFt 55.19% of total office with retail
500k to 1M SqFt 576,214 SqFt 11.08% of total office with retail

Tacoma, WA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Tacoma, WA Office 96 571,640
Tacoma, WA Retail 73 607,879
Tacoma, WA Industrial 53 3,724,846
Tacoma, WA Other 248 7,530,765
Ofice Icon

96

Office

Industrial Icon

53

Industrial

Retail Icon

73

Retail

Current local active listing encompass 12,435,130 square feet of commercial space for lease in Tacoma. There are 96 active office listings, which amount to 571,640 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 607,879 square feet across 73 listings. Current industrial offerings on the market amount to 3,724,846 square feet across a total of 53.

Employment in Tacoma, WA

Employed Population 113,138

Employed population - Industry % Distribution

Management, business, science, and arts occupations

37%

Service occupations

20%

Sales and office occupations

19%

Production, transportation, and material moving occupations

14%

Natural resources, construction, and maintenance occupations

10%

In 2020, roughly 37% of a total of 113,138 employed in Tacoma worked in Management, business, science, and arts occupations, followed by 20% in Service occupations and 19% in Sales and office occupations.

Income per capita $35,796  Median household income $70,411

Household income

35%

Under $50k

33%

$50k - $100k

26%

$100k - $200k

6%

Over $200k

The median household income in Tacoma stands at $70,411, with per capita income at $35,796. Households earning between $50k and $100k represent 33% of the total, while those earning over $200k make up 6%. Approximately 35% of Tacoma households earn less than $50k per year.

Commuting in Tacoma, WA

Mean travel time to work 30 minutes

Means of transportation to work

74.40%

Driving alone

10.40%

Carpool

5.90%

Public transit

0.40%

Bicycle

2.60%

Walking

1.90%

Other

4.40%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Tacoma in 2020 was 30 minutes. Around 74.40% of workers commute by Driving alone, 10.40% Carpool and 5.90% by Public transit.

Education in Tacoma, WA

High school grad or higher 91%

Bachelor's degree or higher 33%

Population by minimum level of education

9%

No degree

27%

High school

32%

Some College

22%

Bachelor's

11%

Post-grad

*Universe: Workers 25 and over

An estimated 91% of Tacoma residents aged 25 or over hold a high school degree or higher. Of those, 27% are high school graduates, 32% attended some college, 22% earned a bachelor's degree, with an additional 11% holding post-graduate degrees.

Tacoma, WA Demographics

As of 2020, Tacoma had a total population of 217,834, with a median age of 35.90 years. Roughly 68.90% of the total population was between the ages of 16 and 64 years old.