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Office Building with I-5 Access

6403 Lakewood Dr W Tacoma, WA 98467

6403 Lakewood Dr W, Tacoma, WA, 98467
$1,549,500
For Sale
$1,549,500

Office building offering excellent visibility and convenient I-5 access.

Property Size6,104 SF
Price / SF$253.85
Days on Market135

Property Features for 6403 Lakewood Dr W

General Information

Standard status
Active
Size
6,104 SF
Property subtype
Office

Building Details

Year Built
1986
Listing agency Kidder Mathews - Tacoma
Listed by Jerome O'Leary · License #9685
Source Kidder
Added: Mar 8 Updated: Jul 10 at 1:14PM Checked: Mar 26 at 9:48AM

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 Kidder Mathews - Tacoma


Investment Insights

Based on property information with market context.

This commercial property, suitable for office use, offers 6,104 square feet of space. The building benefits from excellent visibility and convenient access to I-5.

Key Highlights

  • I‑5 access
  • Excellent visibility
  • Year Built: 1986

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $164.8k $27.00
− Vacancy −$33.0k −$5.40
EGI $131.8k $21.60
− OpEx −$33.0k −$5.40
NOI $98.9k $16.20
6,104 SF · lease $27.00/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,885 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,334 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

UFCW Local 367 Charitable Organization

Suggested Use

HVAC Service Parking Lot & Garage Big Box & Wholesale Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Office building offering excellent visibility and convenient I-5 access.
Where is this office building located?
The property is located at 6403 Lakewood Dr W Tacoma, WA.
What is the asking price?
The asking price for this property is $1,549,500.
What are key features of this property?
This property features: I‑5 access; Excellent visibility; Year Built: 1986
Contact an agent
More about this property
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