3106 Sumner Tapps Hwy E, Lake Tapps, WA 98391

Building Details

Year Built

1999

Listing agent JOSH PARNELL

Listing office FIRST WESTERN PROPERTIES - TACOMA, INC. j***@firstwesternproperties.com

Listing date Jun 5, 2026

Source Corcoran

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 FIRST WESTERN PROPERTIES - TACOMA, INC.

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Overview

The Forest Canyon retail property totals 16,432 SF and operates as a multi-tenant retail center with a mix of sit-down restaurant, dentist, and service uses. The offering also notes that roughly 40% of the tenants are well under market rents, providing a leasing baseline for buyers evaluating current income versus in-place economics.

The property is located at 3106 Sumner Tapps Hwy E in Lake Tapps, WA 98391. The public remarks describe the area as a strong neighborhood retail market with very little retail competition. The Lake Tapps trade area is characterized as a high-end demographic market, with incomes over $200,000 within 1 mile of the property.

For tenants and buyers seeking a neighborhood-oriented retail mix, the current configuration supports daily convenience and service traffic, with both food service and medical/dental represented alongside complementary service users. For investors, the stated tenant rent position highlights an opportunity to underwrite how near-term leasing and rent adjustments could affect overall performance, based on the information provided in the offering remarks.

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

FAQs

What type of property is this?

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

Where is this retail space located?

The property is located at 3106 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: Multi‑tenant retail center totaling 16,432 SF; Built in 1999; Tenant mix includes a sit‑down restaurant, dentist, and service uses