University Place, WA Commercial Real Estate for Lease and Sale

Explore 15 listings of University Place commercial real estate to find the best space for your business.

Meadow Park Apartments

6807 Lakewood Dr W, Woodside Creek, University Place, WA
Property

Multi-Family

42,216 SF
Year Built

1957
For Sale

$1,800,000
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6403 Lakewood Dr W

6403 Lakewood Dr W, Woodside Creek, Tacoma, WA
Property

Office

6,106 SF
Year Built

1986
For Sale

$1,649,000
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4002 South M Street
Beaker Collaborative
4002 South M Street, Tacoma, WA
Services

Open Workspace

Meeting Room

Private Office
Amenities

Bike storage

Business address

Complimentary coffee & tea

Happy hour

High-speed wifi

Kitchen

Laundry services

Mail services

Multimedia room

Outdoor areas
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Lakewood Industrial Park

9705 47th Avenue Southwest, Park Lodge, Lakewood, WA
Property

Industrial

6,565 SF
Availability

1 Space

6,565 SF
For Lease

$0.80/SF/MO
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3423 Chapel Street South

3423 Chapel Street South, Southgate, Lakewood, WA
Property

Industrial

11,864 SF
Availability

1 Space

11,864 SF
For Lease

$0.95/SF/MO
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Cubework Tacoma

3320 Lincoln Avenue, New Tacoma, Tacoma, WA
Property

Industrial

300,000 SF
Availability

2 Spaces

51,500 SF
Year Built

2019
For Lease Contact for pricing
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1201 Pacific

1201 Pacific Ave, New Tacoma, Tacoma, WA
Property

Office

348,000 SF
Availability

1 Space

8,167 SF
Year Built

1969
For Lease Contact for pricing
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Simpson Landing

922 East 11th Street, New Tacoma, Tacoma, WA
Property

Industrial

268,321 SF
Availability

1 Space

63,000 SF
Year Built

1996
For Lease Contact for pricing
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1117 Broadway Plaza

1117 Broadway Plaza, New Tacoma, Tacoma, WA
Property

Office

4,040 SF
Availability

1 Space

4,040 SF
Year Built

1922
For Lease

$15.50/SF/YR
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Soundview Park

5775 Soundview Drive, Gig Harbor, WA
Property

Office

51,527 SF
Availability

4 Spaces

19,598 SF
Year Built

1990
For Lease

$16.00 - $25.00/SF/YR
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Rainier Corporate Park East - Buildings A & B

2400 70th Avenue East, Fife, Tacoma, WA
Property

Industrial

417,125 SF
Availability

2 Spaces

94,310 SF
Year Built

1995
For Lease Contact for pricing
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111 S 38th St

111 S 38th St, Eastside Tacoma, Tacoma, WA
Property

Sport / Entertainment

2,000 SF
Availability Contact for availability
Year Built

2003
For Lease Contact for pricing
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5801 Soundview Drive

5801 Soundview Drive, Gig Harbor, WA
Property

Office

32,201 SF
Availability

5 Spaces

10,031 SF
Year Built

1998
For Lease Contact for pricing
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5620 112th Street East

5620 112th Street East, Summit View, Puyallup, WA
Property

Office

25,340 SF
Availability

1 Space

5,500 SF
Year Built

2002
For Lease

$19.00/SF/YR
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1102 Broadway Building

1102 Broadway, New Tacoma, Tacoma, WA
Property

Office

88,470 SF
Availability

1 Space

4,061 SF
Year Built

1906
For Lease

$19.21/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The University Place commercial real estate market incorporates 6,106 square feet of office space across 1 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in University Place incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in University Place is represented by Office space.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in University Place, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in University Place is in the Woodside Creek neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Woodside Creek area.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in University Place depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In University Place, the average size of an office property is 6,106 square feet.

University Place, WA Currently Available Listings

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in University Place, WA. Currently, there is 48,322 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	6,106
Other	1	42,216

University Place, WA Commercial Real Estate for Lease and Sale

Meadow Park Apartments

6403 Lakewood Dr W

4002 South M Street

Lakewood Industrial Park

3423 Chapel Street South

Cubework Tacoma

1201 Pacific

Simpson Landing

1117 Broadway Plaza

Soundview Park

Rainier Corporate Park East - Buildings A & B

111 S 38th St

5801 Soundview Drive

5620 112th Street East

1102 Broadway Building

Frequently Asked Questions

University Place, WA Currently Available Listings

Commercial Space for Sale Breakdown

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University Place, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in University Place, WA?

What factors affect the price of commercial real estate in University Place, WA?

What are the best areas for commercial real estate in University Place, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in University Place, WA?

University Place, WA Currently Available Listings

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us