12134 Pacific Hwy SW Lakewood, WA 98499
Three-unit retail strip on Pacific Highway with NNN leases.
Building Details
- Year built
- 1941
Source:
Corcoran
Listing Agent: Michael Piccolo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Occupied Retail Strip Investment
This fully occupied, three-unit retail strip presents an investment opportunity. Anchored by two established restaurants and a smoke shop, the property is located on Pacific Highway, benefiting from high visibility and traffic. The site offers parking visibility and potential for increased rents. All units operate under triple net leases (NNN), with tenants responsible for expenses. The property is situated in a growing area and includes two tax parcels. The leases are structured for five years with annual rent increases of 3%. The property is intended for retail use.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
La Chele Salvadorean ...
Salvadoran Restaurant
RockItCoin Bitcoin ATM
Crypto Atm
Puyallup smoke shop
Tobacco Shop
Pizza Pizazz
Pizza Restaurant
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Pierce
- State
- Washington
- Longitude
- -122.5092739
- Latitude
- 47.1468197
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Three-unit retail strip on Pacific Highway with NNN leases.
Where is this strip mall located?
The property is located at 12134 Pacific Hwy SW Lakewood, WA.
What is the asking price?
The asking price for this property is $1,097,000.
What are key features of this property?
This property features: - Fully occupied 3-unit retail strip on HIGH-TRAFFIC Pacific Highway.; - Anchored by two established restaurants and a smoke shop.; - All units under triple net leases (NNN).