3106-3110 Sumner Tapps Hwy E, Lake Tapps, WA 98391

Building Details

Year Built

1997

Listing agent Jacob Fors License #23033784

Listing office First Western Properties, Inc. Tacoma

Listing date Jun 4, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of First Western Properties, Inc. Tacoma

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Overview

Forest Canyon is a two-building retail strip center built in 1997, totaling 16,432 SF on 6.93 acres. The property is configured for tenant flexibility and currently supports a mix of service, dining, and professional uses. A key component of the offering is a 5,603 SF vacant suite, providing immediate leasing opportunity within the center’s existing lineup. Parking is provided with 100 stalls for tenant and customer convenience.

The property is located at 3106–3110 Sumner Tapps Hwy E in Lake Tapps, WA, with strong frontage on busy Sumner Tapps Highway E. Access is described as convenient to WA-410 and SR-167, supporting regional connectivity for both residents and passing traffic.

Designed to serve the Lake Tapps area’s growing consumer base, Forest Canyon is positioned as a neighborhood center under Neighborhood Center zoning. The offering includes in-place NOI of $182,040 and projected pro forma NOI of $428,686 by 2028, reflecting the opportunity presented by the vacant 5,603 SF suite. For buyers seeking a high-profile neighborhood retail asset with existing tenant mix and a defined leasing component, this center provides a straightforward path to optimize occupancy.

Suggested Use

Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store

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

Location Insight

• Map
• Local Demand

City

Lake Tapps

County

Pierce

State

Washington

Longitude

-122.2010711

Latitude

47.2290409

Nearby Similar for Sale

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  $5,600,000

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  Neighborhood Retail Center with Mixed Tenants

  Multi-tenant retail center featuring a sit-down restaurant, dentist, and service uses within a high-income Lake Tapps market.

  3106 Sumner Tapps Hwy E, Lake Tapps, WA 98391

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• 

  $5,600,000

  16,432 SF

  Neighborhood Retail Center with Mixed Tenants

  Shopping center offering a mix of restaurant, dentist, and service uses in the Lake Tapps area.

  3106-3110 Sumner Tapps Hwy E, Lake Tapps, WA 98391

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FAQs

What type of property is this?

Shopping center - Two-building retail strip center with highway frontage, 100 parking stalls, and a large vacant suite ready for lease-up.

Where is this shopping center located?

The property is located at 3106-3110 Sumner Tapps Hwy E Lake Tapps, WA.

What is the asking price?

The asking price for this property is $5,600,000.

What are key features of this property?

This property features: Two‑building retail strip center totaling 16,432 SF on 6.93 acres, built in 1997; 5,603 SF vacant suite provides immediate lease‑up potential; Strong frontage on Sumner Tapps Hwy E with convenient access to WA‑410 and SR‑167