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For Lease

Aspire 11

1023 Martin Luther King Jr Way, Tacoma, WA 98405

12,390

SF Available

ASPIRE11 RETAIL is located on the hard corner intersection of MLK Jr Way and 11th Street in the Hilltop Neighborhood of Tacoma. Aspire11 retail provides high exposure for retailers to the two main thoroughfares in addition to the traffic from the newly constructed light-rail system with the Hilltop Link Light Rail station located within view of the front doors. The 289 apartments on site (comprised of multiple floor plans of studio, 1BR and 2BR units) provides a built in customer base for retailers during all times of day.

 

Rental Details

  • Number of spaces 3
  • Total square feet available 12,390 SF
  • For Lease $24.00/SF/YR
  • Space Types Retail
  • Lease Type NNN
  • Date Updated Jun 12, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 3 Spaces Available

#311

  • Space Type Retail
  • Lease Rate $24.00/SF/YR
  • Total Space Available 2,523 SF
  • Additional Space Type General Office
  • Divisible Space 2,523 - 7,971 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No

4,400 CPD MLK Jr Way

4,600 CPD S 11th Street

broker
Jameson Sullivan

First Western Properties

broker
Justin Holmes

First Western Properties

#312

  • Space Type Retail
  • Lease Rate $24.00/SF/YR
  • Total Space Available 5,448 SF
  • Additional Space Type General Office
  • Divisible Space 5,448 - 7,971 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No

4,400 CPD MLK Jr Way

4,600 CPD S 11th Street

broker
Jameson Sullivan

First Western Properties

broker
Justin Holmes

First Western Properties

#314

  • Space Type Retail
  • Lease Rate $24.00/SF/YR
  • Total Space Available 4,419 SF
  • Additional Space Type General Office
  • Max Contiguous 4,419 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Jameson Sullivan

First Western Properties

broker
Justin Holmes

First Western Properties

Contacts

broker
Jameson Sullivan

First Western Properties

broker
Justin Holmes

First Western Properties

Building Details

  • For Lease $24.00/SF/YR
  • Property Type Retail
  • Property Size 12,390 SF
  • Lot Size 0.48 Acre
  • Date Updated Jun 12, 2026

Getting Around

  • Walk Score ®

    Walker's Paradise (92)
  • Bike Score ®

    Bikeable (64)
Powered by Walk Score ®

Location

  • City Tacoma, WA
  • Neighborhood New Tacoma
  • Zip Code 98405
  • Market Seattle

Points of Interest

6th Ave

0.32 miles

St Joseph

0.51 miles

Saint Joseph

0.51 miles

Tacoma General

0.54 miles

Theater District

0.57 miles

Convention Center

0.63 miles

Convention Center/South 15th Street

0.63 miles

Old City Hall

0.64 miles

S 4th

0.74 miles

ARCO

0.55 miles

Shell

0.65 miles

Spirit

0.76 miles

Ball Auto

0.86 miles

7-Eleven

0.97 miles

Chevron

1.21 miles

Electrify America

1.61 miles

ChargePoint

1.70 miles

FLO

1.73 miles

5th Street Parking Garage

0.38 miles

Tacoma Rhodes Center Parking

0.45 miles

Baker Center Parking Garage

0.45 miles

Market Street

0.45 miles

Rialto Garage

0.49 miles

Market Street Public Parking

0.50 miles

Hotel Murano Hotel & Pavilion Parking

0.56 miles

J Street Parking Garage

0.56 miles

Park Plaza North

0.58 miles

Stadium Thirftway

0.80 miles

Walmart Supercenter

1.54 miles

TJ Maxx

1.65 miles

Target

1.68 miles

Lucky Supermarket

2.11 miles

Hong Kong Supermarket

2.14 miles

Metropolitan Market

2.15 miles

East Asia Market

2.16 miles

Fred Meyer

2.23 miles

1023 Martin Luther King Jr Way Listing Summary

  • The Price for Retail Space at 1023 Martin Luther King Jr Way

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 1023 Martin Luther King Jr Way, asking rent starts at $$24.00/SF/YR per square foot.

    1023 Martin Luther King Jr Way is located in the New Tacoma neighborhood, which is home to a total of 28 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 1023 Martin Luther King Jr Way

    The property exclusively contains Retail space totaling 12,390 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 3 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 1023 Martin Luther King Jr Way, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the New Tacoma Neighborhood

    1023 Martin Luther King Jr Way is located in the New Tacoma neighborhood of Tacoma. The New Tacoma retail market offers 28 retail listing(s), representing a total of 86,618 square feet of retail space for lease.

    The most common retail type in the New Tacoma neighborhood is General Office, of which the market currently offers 2 space(s). You can also find 2 Restaurant space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average New Tacoma resident is 36 years old, and the median household income here is $68,226 per year.

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