NARROWS PLAZA is located in University Place, an affluent suburb situated approximately 15 minutes by car from Downtown Tacoma, Washington. The center recently underwent renovations, including a new HVAC system, TPO roofing and exterior paint. Narrows Plaza provides excellent visibility and frontage along Mildred Street, a bustling commercial arterial providing access to the surrounding community. Surrounding neighborhoods include the cities of Tacoma, Fircrest and University Place. The center is also in close proximity to Tacoma Community College (with 9,912 students enrolled and 1,056 staff members employed for the 2022-2023 academic year) and Fircrest Golf Club.
University Place is currently experiencing a significant surge in growth, with interest and substantial development activity coming from both local and larger national developers. Construction is currently underway at The Alta at Narrrows Urban Village – a large-scale, multifamily project with 9 buildings – including 274 residential units, is immediately adjacent to Narrows Plaza. The project, one of the largest housing developments in the city, is anticipated for completion in Winter 2024.
The spaces available now at Narrows Plaza allow for a wide variety of uses including office, retail and service. The Landlord will provide tenant improvement dollars or space delivery in exchange for 10-year terms. There are approximately 316 customer parking stalls across the commercially-zoned 4.57 acre parcel shared with co-tenants including; Pharmacy Compounding Solutions, Atlas Family Chiropractic, Fitness Quest for Women and Odyssey 1 Amusement Center.