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Listed by:Kidder Mathews • Kevin G. Verger
$ 940,000
Est. payment /mo
Active
12930 Pacific HWY SW Lakewood, WA 98499
0.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood
MLS Listing ID 2583338
Style 75 - Retail
Year Built 1962
Lot Size 0.365 Acres
Property Sub-Type Commercial Industrial
Property Description
Pleased to present Lakewood Commercial Plaza, a 100% occupied, 3-tenant NNN investment opportunity located in Lakewood, WA. The 5,192 SF center is occupied by Anything Insurance, CARSTAR, and Pacific NW Gaming and Collectibles, providing investors with diversified income from a mix of service-oriented tenants. All leases include annual rent escalations based on CPI, providing built-in income growth and a hedge against inflation. Strategically positioned along Pacific Hwy SW, the property benefits from prominent I-5 visibility to 142,000+ vehicles per day. The property is located near joint Base Lewis-McChord, one of the area's largest employment centers, and just 1.5 miles from Lakewood Station. With highly leasable suite sizes, on-site parking, and flexible zoning, the property is well positioned to maintain its long-term appeal and benefit from continued growth throughout the Lakewood market.
Location
State WA
County Pierce
Area 40 - Lakewood
Interior
Fireplace false
Building
Sewer Available
Water See Remarks
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
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