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Retail Center with Drive-Thru
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11701 Bridgeport Way SW, Lakewood, WA 98499

Two separate retail buildings on distinct tax parcels, including a drive-thru restaurant building.

Property SizeContact for details
Days on Market120

Property Features for 11701 Bridgeport Way SW

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Kidder Mathews Seattle
Listed By: Andrew Graff · License #WA 131683
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 8:21PM

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 Seattle

Investment Insights

Based on property information with market context.

The Bridgeport Retail Center is a two-building retail offering on separate tax parcels. One building is home to a drive-thru restaurant, described in the listing as Church’s Chicken, with drive-thru service. The second building, referenced as the Asian Market building, includes six tenants with a long history at the site.

The property is located right off Interstate 5 at the gateway to Lakewood Towne Center, with proximity to Joint Base Lewis-McChord. The listing notes JBLM as the largest military installment on the West Coast and identifies it as a key driver for local retail businesses.

The listing states many of the leases in the Asian Market building are month-to-month, which may create an opportunity for an investor to convert gross leases to NNN. It also notes there may be an opportunity for an owner-user to occupy approximately 7,000 SF for their business upon closing.

Key Highlights

  • Two separate retail buildings on distinct tax parcels, including a drive‑thru restaurant building
  • Church’s Chicken building includes a drive‑thru and sits on 16,500 SF of land
  • Asian Market building has 6 tenants with a long history at the site

Property Analytics

Current Use

Church's Texas Chicken Restaurant

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Garden Center HVAC Service Veterinary Clinic Electrical Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 43% Hotels & Casinos 7% Home Improvements & Furnishings 1%
Shell Shops & Services
23,170 visits/mo 0.2 miles
Denny's Dining
16,585 visits/mo 0.2 miles
Jack in the Box Dining
7,975 visits/mo 0.4 miles
Church's Chicken Dining
6,363 visits/mo 0.1 miles
Brown Bear Car Wash Shops & Services
4,317 visits/mo 0.5 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

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
Rey
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Similar Off Market Nearby

  • Bridgeport Plaza Bridgeport Way SW, Lakewood, WA 98499

Frequently Asked Questions

What type of property is this?
Shopping center - Two separate retail buildings on distinct tax parcels, including a drive-thru restaurant building.
Where is this shopping center located?
The property is located at 11701 Bridgeport Way SW Lakewood, WA.
What are key features of this property?
This property features: Two separate retail buildings on distinct tax parcels, including a drive‑thru restaurant building; Church’s Chicken building includes a drive‑thru and sits on 16,500 SF of land; Asian Market building has 6 tenants with a long history at the site
(206) 332-1486 Call to check price and availability
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