18407 Pacific Ave S, Spanaway, WA 98387

This commercial property is situated on Pacific Avenue, a major state highway experiencing a daily traffic volume of 35,000 vehicles. The existing tenant base is diversified, accommodating businesses ranging from therapy and wellness services to investment and finance firms. The property's accessibility and visibility offer local businesses opportunities for growth with affordable rental rates. Pacific Avenue serves as the primary north-south thoroughfare through Spanaway, hosting major retail establishments and amenities. The property is located near Joint Base Lewis-McChord, a significant economic driver in the area with approximately 210,000 military personnel, families, and retirees residing nearby. Industrial areas such as Frederickson, home to Boeing, which employs 1,600 workers, are also in close proximity. Other employers in the vicinity include Whirlpool, Ikea, and James Hardie siding, along with numerous small businesses. The Port of Tacoma, generating over 29,000 jobs and nearly $3 billion in economic activity annually, is also nearby. The location is approximately 10 miles southeast of downtown Tacoma and 35 miles south of Seattle. Spanaway, a suburb in Pierce County, is projected to experience steady growth in the coming years. Pierce County is home to The University of Puget Sound, Pacific Lutheran University, and the University of Washington in Tacoma, with roughly 30% of the population holding a bachelor's degree or higher. The property is suitable for retail and office use.