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Unique Former Bank Building Available
For Lease
$15,102/Mo
Pending

8801 Tacoma Way, Lakewood, WA 98499

Distinctive mid-century modern building, ideal for retail or office.

Space SizeContact for details
Days on Market230

Property Features for 8801 Tacoma Way

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1970
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: RACHEL CORP · License #WA 41623
Source: Corcoran
Added: Jan 21 Changed: Jul 10 Last Checked: Jul 23 at 9:01AM

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 LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

This property is a former bank building featuring 20-foot ceilings throughout most of the 4,376 square foot main floor. The space is open and light-filled, with mid-century modern architecture, including glass and brick elements. A 1,908 square foot mezzanine overlooks the main floor, suitable for offices or creative workspace. The property includes two drive-through lanes and a full basement for storage or potential expansion. Located at a signalized intersection along high-traffic S. Tacoma Way, the building offers prime visibility. The property is suitable for retail, restaurant, financial, or professional use.

Key Highlights

  • Prime visibility at a signalized intersection on high‑traffic S. Tacoma Way.
  • Dramatic 20‑foot ceilings throughout most of the 4,376 SF main floor.
  • Architecturally distinctive mid‑century modern design with glass and brick.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Parking Lot & Garage Daycare Center Tech Support Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 28% Hotels & Casinos 3%
Taco Bell Dining
14,409 visits/mo 0.4 miles
76 Shops & Services
10,405 visits/mo 0.3 miles
7-Eleven Shops & Services
7,039 visits/mo 0.1 miles
TwinStar Credit Union Shops & Services
6,994 visits/mo 0.4 miles
Les Schwab Tire Center Shops & Services
4,427 visits/mo 0.2 miles

Demographics for 98499, WA

33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Distinctive mid-century modern building, ideal for retail or office.
Where is this bank located?
The property is located at 8801 Tacoma Way Lakewood, WA.
What is the lease rate?
The lease rate is $15,102/Mo.
What are key features of this property?
This property features: Prime visibility at a signalized intersection on high‑traffic S. Tacoma Way.; Dramatic 20‑foot ceilings throughout most of the 4,376 SF main floor.; Architecturally distinctive mid‑century modern design with glass and brick.
More about this property
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