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Retail Space in Painted Strip Mall
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10518 Pacific Hwy SW, Lakewood, WA 98499

One retail suite totaling 1,364 sf is available now at Mazatlan S. Tacoma Way Center with parking and street exposure.

Space Size1,364 SF
Days on Market317

Property Features for 10518 Pacific Hwy SW

General Information

Standard status Active
Size 1,364 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 10518 Pacific Hwy SW
Available Space $22/SF/Yr
Size 1,364 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
One retail space of 1,364sf available NOW at Mazatlan S. Tacoma Way Center. Join fine businesses LaCasa de Sharon, Cham Garden, Mazatlan Restaurant, and more at the newly painted strip mall. The center offers fantastic street exposure, ample parking with multiple points of access, and is within minutes of the I-5/SR-512 interchange. South Tacoma Way/Pacific Hwy is lined with commercial businesses and transit stops, which provide the local residential neighborhoods behind it with the benefit of many close-proximity amenities.
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Listing Agency: Timothy Johnson Commercial Properties, LLC
Listed By: Margot Johnson
Source: Moodyscre
Added: Dec 16, 2025 Changed: Oct 25 Last Checked: Oct 28 at 11:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Timothy Johnson Commercial Properties, LLC

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Investment Insights

Based on property information with market context.

One retail space totaling 1,364 square feet is available now at Mazatlan S. Tacoma Way Center. The strip mall has recently been painted, and the space is offered as part of a tenant mix that includes LaCasa de Sharon, Cham Garden, Mazatlan Restaurant, and other fine businesses.

The center is positioned for street exposure and provides ample parking with multiple points of access. It is located within minutes of the I-5/SR-512 interchange, and the surrounding South Tacoma Way/Pacific Hwy corridor is lined with commercial businesses and transit stops that serve nearby residential neighborhoods.

This offering is a straightforward retail option within an active strip center setting, with convenient customer access through the on-site parking and multiple entry points.

Key Highlights

  • 1,364 SF retail suite available NOW at Mazatlan S. Tacoma Way Center
  • Newly painted strip mall with multiple existing tenants, including LaCasa de Sharon, Cham Garden, and Mazatlan Restaurant
  • Ample parking with multiple points of access

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Gym & Fitness Center Tech Support Center Catering Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby
190k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 28% Home Improvements & Furnishings 5%
McDonald's Dining
53,971 visits/mo 0.2 miles
Wendy's Dining
23,715 visits/mo 0.1 miles
Starbucks Dining
19,651 visits/mo 0.2 miles
Black Bear Diner Dining
15,637 visits/mo 0.3 miles
76 Shops & Services
10,976 visits/mo 0.2 miles

Demographics for 98499, WA

33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - One retail suite totaling 1,364 sf is available now at Mazatlan S. Tacoma Way Center with parking and street exposure.
Where is this retail space located?
The property is located at 10518 Pacific Hwy SW Lakewood, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 1,364 SF retail suite available NOW at Mazatlan S. Tacoma Way Center; Newly painted strip mall with multiple existing tenants, including LaCasa de Sharon, Cham Garden, and Mazatlan Restaurant; Ample parking with multiple points of access
(253) 209-9998 Call to check price and availability
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