Building Details

Buildings 4

Tenancy Multi

Listing Agency: NWC - KV LLC Show Phone

Listed By: Theron Meier Show Phone

Source: Moodyscre

Added: Oct 31, 2025 Changed: Aug 13 Last Checked: Sep 13 at 4:38AM

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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 NWC - KV LLC

Investment Insights

Based on property information with market context.

This offering includes four fully leased, multi-tenant, single-story office buildings. The properties are arranged as separate buildings within one group, providing a multi-tenant setup under current leasing.

The buildings are located at 16204–16218 Pacific Ave S in Spanaway, Washington (ZIP 98387).

Key Highlights

• Four fully leased, multi‑tenant office buildings
• Single‑story office buildings
• Multi‑tenant configuration

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store Electrical Service Gym & Fitness Center Parking Lot & Garage

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

545

Businesses Nearby

Explore this area Business Placement

Demographics for 98387, WA

51,630

Population

17,151

Households

3

Avg Household Size

35

Median Age

17%

College-Educated

91%

High-School Grad

26.6 sq mi

ZIP Area

1,941

Density / Sq Mi

$101,141

Median Household Income

$54,167

Median Earnings

$1,837

Median Rent

$424,100

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Four fully leased, multi-tenant, single-story office buildings in Spanaway, WA.

Where is this office building located?

The property is located at 16204-16218 Pacific Ave S Spanaway, WA.

What is the asking price?

The asking price for this property is $5,200,000.

What are key features of this property?

This property features: Four fully leased, multi‑tenant office buildings; Single‑story office buildings; Multi‑tenant configuration