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Bank of California Bldg 1009-1013 Pacific Ave 1,000 - 27,859 SF of Office/Retail Space Available in Tacoma, WA 98402
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-27,859 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $501,462 /YR $41,789 /MO | Triple Net (NNN) |
1st Floor
The Bank of California, located in the heart of downtown Tacoma, is an excellent opportunity for a tenant looking for a prime location. The former bank boasts high ceilings of over 40 feet, creating a grand and impressive atmosphere. The layout includes 9 offices and 4 vaults, providing ample room for a variety of businesses. The landlord is willing to work with the tenant on tenant improvements, making it a flexible option for a variety of businesses. The asking rent is competitive at $16-$18 per square foot plus triple net expenses. The space can also be subdivided, making it suitable for tenants who may not need the entire building. Ideal tenants include high-end restaurants, entertainment venues, self-storage, office, speak easy, retail businesses. Don't miss out on the chance to bring your vision to life in this prime location, situated in the bustling downtown area of Tacoma.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Mostly Open Floor Plan Layout
- Fits 3 - 223 People
- 9 Private Offices
- 1 Conference Room
- Kitchen
- High Ceilings
- Basement
- Prime location
- Possible tenant improvements
- Bustling downtown area
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 27,859 SF | Gross Leasable Area | 30,368 SF |
| Min. Divisible | 1,000 SF | Year Built/Renovated | 1928/1970 |
| Property Type | Retail | Parking Ratio | 0.32/1,000 SF |
| Property Subtype | Bank |
| Total Space Available | 27,859 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 30,368 SF |
| Year Built/Renovated | 1928/1970 |
| Parking Ratio | 0.32/1,000 SF |
FEATURES AND AMENITIES
- Banking
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Bank of California Bldg | 1009-1013 Pacific Ave
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