Office Building with I-5
6403 Lakewood Dr W Tacoma, WA 98467
For Sale
$1,549,500
Office building offering excellent visibility and convenient I-5 access.
Property Size6,104 SF
Price / SF$253.85
Days on Market142
Property Features for 6403 Lakewood Dr W
General Information
Standard status
Active
Size
6,104 SF
Property subtype
Office
Building Details
Year Built
1986
Listing Agency:
Kidder Mathews - Tacoma
(253) 779-9292
Listed By:
Jerome O'Leary · License #9685
(253) 779-9292
Source:
Kidder
Added: Mar 8
Changed: Jul 10
Last Checked: Mar 26 at 9:48AM
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 Kidder Mathews - Tacoma
Investment Insights
Based on property information with market context.
This commercial property, suitable for office use, offers 6,104 square feet of space. The building benefits from excellent visibility and convenient access to I-5.
Key Highlights
- I‑5 access
- Excellent visibility
- Year Built: 1986
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.8k | $27.00 |
| − Vacancy | −$33.0k | −$5.40 |
| EGI | $131.8k | $21.60 |
| − OpEx | −$33.0k | −$5.40 |
| NOI | $98.9k | $16.20 |
6,104 SF · lease $27.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.24M – $1.65M
NOI $98,885 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,334 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building offering excellent visibility and convenient I-5 access.
Where is this office building located?
The property is located at 6403 Lakewood Dr W Tacoma, WA.
What is the asking price?
The asking price for this property is $1,549,500.
What are key features of this property?
This property features: I‑5 access; Excellent visibility; Year Built: 1986
