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    4001 100Th St SW Lakewood, WA 98499

    For Sale
    $2,700,000

    NNN leased auto shop with renewal and options.

    Property Features for 4001 100Th St SW

    General Information

    Standard status
    Active

    Building Details

    Year built
    1972

    Source: KIDDER MATHEWS Agent LAURA FOX

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakewood Gerber Collision Glass Investment

    Located off 100th and 40th Street in Lakewood at a signalized intersection, the property features a single building with upgrades. The site is partially fenced, offers good signage, and provides easy access to major highways. The property is currently leased on a triple-net basis. The total gross income for 2025 is $159,452.63 per year, with annual expenses of $29,454.44, resulting in a net income of $129,999.19 per year. A new five-year renewal commenced on June 1, 2025, with two additional five-year options remaining.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Glass America Auto Glass Repair Service Gerber Collision & Glass Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Bruno Auto Repair, jd mobile auto repair, L Auto Body & Collision, Bp Automotive, 24/7 BRAD'S LAKEWOOD TOWINGS

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.4913373
    Latitude
    47.1676277

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    FAQs

    What type of property is this?
    Auto shop - NNN leased auto shop with renewal and options.
    Where is this auto shop located?
    The property is located at 4001 100Th St SW Lakewood, WA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - High Net Operating Income: $129,999.19 annually.; - Triple-Net Lease: Minimizes landlord responsibilities.; - New 5-Year Lease Renewal: Commenced June 1, 2025, providing stable income.
    Request Owner's contact information
    4001 100Th St SW Lakewood, WA 98499
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    Lakewood, WA 98499
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 100Th St SW Lakewood, WA 98499
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