2023 Office Space Rent & Sales
- $28.29 2023 Avg. Asking Rent
- 12.72% 2023 Office Vacancy Rate
Gig Harbor office price per square foot in 2023 was $28.29 on average. The local office market recorded an average vacancy rate of 12.72% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Washington Class A & A+ Office Space$45.53
- Washington Class B Office Space$31.05
- Washington Class C Office Space$35.93
Gig Harbor, WA Office Asking Rents by Class
Office Spaces for Rent in Washington
Coworking Spaces in Washington
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Milgard Medical Pavilion | 11511 Canterwood Blvd Nw, 98332 | 85,878 | 2009 |
| Park Plaza | 2727 Hollycroft Street, 98335 | 58,428 | 2003 |
| Mallard's Landing Gig Harbor | 6626 Wagner Way, 98335 | 2,947 | 2001 |
| 5801 Soundview Drive | 5801 Soundview Drive, 98335 | 32,201 | 1998 |
| North Plaza | 5790 Soundview Dr, 98335 | 8,100 | 1995 |
| Gateway Pointe Business Park | 2601 Jahn Avenue NW, 98335 | 89,160 | 1992 |
| Wollochet Business Park - Building B | 5715 Wollochet Dr NW, 98335 | 6,000 | 1992 |
| 3710 Grandview St | 3710 Grandview St, 98335 | 2,880 | 1992 |
| Soundview Park | 5775 Soundview Drive, 98335 | 51,527 | 1990 |
| Soundview Office | 5800 Soundview Drive, 98335 | 2,380 | 1987 |
Worth noting among recent office completions on the Gig Harbor market is Milgard Medical Pavilion, which is currently the largest new office development in the city, at 85,878 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Gig Harbor commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.