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    6000-6010 Mount Tacoma Dr SW Lakewood, WA 98499

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    For Sale
    $10,380,000

    Multi-tenant shopping center anchored by Goodwill with long-term lease.

    Lot size:
    4.08 Acres

    Property Features for 6000-6010 Mount Tacoma Dr SW

    General Information

    Lot size
    4.08 Acres

    Source: Kidder Mathews Agent David Gellner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakewood Square Retail Center

    Lakewood Square is a multitenant neighborhood shopping center anchored by Goodwill, which has been operating at the center since 2004 and executed a new 10-year lease extension in July 2024. The property includes five buildings featuring a mix of national and local tenants, offering value retail, dining, and service-based uses. The property is strategically positioned at a signalized intersection in a high-traffic area, providing convenient access from both Mt. Tacoma Drive and Lake Grove Street. Located within the Central Business District (CBD), the property benefits from strong connectivity, surrounded by bus stops and a 15-minute drive to several Link Light Rail stations. Nearby points of interest include St. Joseph’s Hospital, South 25th, Hilltop District, Union Station/South 19th, and the Convention Center/South 15th. Lakewood Station and South Tacoma Station are also just five minutes away, offering regional accessibility.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.5165156
    Latitude
    47.1700955

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    FAQs

    What type of property is this?
    Strip mall - Multi-tenant shopping center anchored by Goodwill with long-term lease.
    Where is this strip mall located?
    The property is located at 6000-6010 Mount Tacoma Dr SW Lakewood, WA.
    What is the asking price?
    The asking price for this property is $10,380,000.
    What are key features of this property?
    This property features: - Anchored by credit tenant Goodwill with a new 10-year lease extension executed in July 2024.; - Located in a high-traffic area at a signalized intersection with convenient access.; - Features a mix of national and local tenants offering value retail, dining, and service-based uses.
    (206) 296-9600
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    6000-6010 Mount Tacoma Dr SW Lakewood, WA 98499
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6000-6010 Mount Tacoma Dr SW Lakewood, WA 98499
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