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    12930 Pacific Hwy SW Lakewood, WA 98499

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    For Sale
    $1,035,000

    Fully leased NNN investment property in Lakewood, Washington.

    Property size:
    5,192 SF
    Lot size:
    0.36 Acres

    Property Features for 12930 Pacific Hwy SW

    General Information

    Size
    5,192 SF
    Lot size
    0.36 Acres

    Source: Marcus & Millichap, Inc. Agent Clayton Brown

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

    Overview

    Lakewood Commercial Center Investment

    Lakewood Commercial Center is a fully-leased, 5,192-square-foot NNN investment property located at 12930 Pacific Highway SW in Lakewood, WA. Constructed in 1962 and renovated in 2000, the building is divided into three suites, each secured by in-place NNN leases featuring annual rental escalations. The property is 100% occupied, offering diversification and stability with long-standing occupants who benefit from the property’s visibility and accessibility. The property is strategically positioned along Pacific Highway SW, a major commercial corridor with direct access to I-5. This location provides consistent visibility from commuter and local traffic, serving as a gateway to nearby employment and retail hubs. The property is positioned to capture sustained demand due to Lakewood’s continued growth driven by nearby residential developments, military employment at Joint Base Lewis-McChord, and revitalization along Pacific Highway. This well-maintained asset is located in a supply-constrained South Puget Sound market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anything Insurance -A BSNW ... Insurance Agency Ponders Park Park Pacific Northwest Gaming ... Collectibles Store Benefit Solutions Northwest Consultant Hi-Tech CARSTAR Collision ... Auto Body Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.5213153
    Latitude
    47.1398684

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    FAQs

    What type of property is this?
    Strip mall - Fully leased NNN investment property in Lakewood, Washington.
    Where is this strip mall located?
    The property is located at 12930 Pacific Hwy SW Lakewood, WA.
    What is the asking price?
    The asking price for this property is $1,035,000.
    What are key features of this property?
    This property features: - Fully-leased NNN investment property, ensuring immediate and consistent income stream.; - Strategic location on Pacific Highway SW with high visibility and direct access to I-5.; - Reliable income growth due to in-place NNN leases with annual rental escalations.
    (206) 826-5700
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    12930 Pacific Hwy SW Lakewood, WA 98499
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    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
    12930 Pacific Hwy SW Lakewood, WA 98499
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