Second Generation Restaurant
For Lease
Contact for pricing
5121 Pacific Hwy E, Fife, WA 98424
Second generation restaurant with walk-in cooler/freezer and multiple hood systems in place.
Space Size4,800 SF
Days on Market403
Property Features for 5121 Pacific Hwy E
General Information
Standard status
Active
Size
4,800 SF
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Space Use
Restaurant
CAM
$6 /USD/SF/YR
Pylon Signage
Yes
Commercial Hood
Yes
Spaces For Lease
at 5121 Pacific Hwy E Contact us- Size
- 4,800 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE
The Fife Collective $23/SF/Yr
• NNN estimated at $6.00 PSF
• Second generation restaurant.
• Currently has...
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Contact us
Listing Agency:
First Western Properties - Tacoma, Inc.
(253) 472-0404
Listed By:
Jacob Fors · License #23033784
(253) 880-2462
Source:
Moodyscre
Added: Aug 7, 2025
Changed: Aug 8
Last Checked: Sep 13 at 9:54AM
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.
Investment Insights
Based on property information with market context.
This second generation restaurant space includes a walk-in cooler/freezer, two 8’ hoods, and one 4’ hood. Pylon signage is available, supporting visibility for restaurant operations.
The property is located at 5121 Pacific Hwy E in Fife, WA 98424. It is offered as a for-rent opportunity with NNN estimated at $6.00 PSF.
The property is located at 5121 Pacific Hwy E in Fife, WA 98424. It is offered as a for-rent opportunity with NNN estimated at $6.00 PSF.
Key Highlights
- NNN estimated at $6.00 PSF
- Second‑generation restaurant space with existing walk‑in cooler/freezer
- Includes two 8’ hood systems and one 4’ hood
Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
229k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 26%
Apparel 4%
Hotels & Casinos 3%
McDonald's
Dining
33,838 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
20,667 visits/mo
0.1 miles
Wendy's
Dining
18,832 visits/mo
0.1 miles
Taco Bell
Dining
17,779 visits/mo
0.0 miles
Dollar Tree
Shops & Services
12,031 visits/mo
0.1 miles
Demographics for 98424, WA
12,132
Population
4,558
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
1,926
Density / Sq Mi
$93,633
Median Household Income
$52,250
Median Earnings
$1,836
Median Rent
$497,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second generation restaurant with walk-in cooler/freezer and multiple hood systems in place.
Where is this conventional restaurant located?
The property is located at 5121 Pacific Hwy E Fife, WA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: NNN estimated at $6.00 PSF; Second‑generation restaurant space with existing walk‑in cooler/freezer; Includes two 8’ hood systems and one 4’ hood
