For Lease
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

Pacific Hwy Lakewood, WA 98499

Sponsored
For Lease
Contact for pricing

Prime Seattle MSA Retail Space

Lot size:
158,330 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 9.82-acre property at 11013 Pacific Highway SW, Lakewood, WA (Seattle MSA), presents a unique investment opportunity. The site features a substantial 158,330 square foot building, formerly occupied by Costco, with 128,280 square feet currently vacant. A separately-parceled O'Reilly Auto Parts building is also included. Its ideal location between Interstate 5 and Pacific Highway SW offers unparalleled access to a dense, affluent population exceeding one million people within a 30-minute radius. This demographic boasts an average annual household income over $94,000 and spends over $9 billion annually on retail goods. The existing structure, with its large, open floor plan and high ceilings, is perfectly suited for adaptive reuse as a Neighborhood Fulfillment Center (NFC), capitalizing on the significant online retail spending in the area (17% of total retail spending). Ample parking further enhances the property's appeal in the land-constrained Seattle MSA. This property offers a compelling combination of size, location, and potential for significant return on investment.

Property Features for 0 Pacific Hwy

General Information

Property type
Retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
158,330 SF

Unit(s) available at that property

Space
Available A
Size
128,280 SF

HighLights

  • 11013 Pacific Highway SW, Lakewood, WA (Seattle MSA): 9.82‑acre site with a former Costco building (128,280 SF vacant) and a separate O'Reilly Auto Parts building.
  • Suitable for adaptive reuse as a Neighborhood Fulfillment Center (NFC); features a large, open floor plan with high ceilings and ample parking.
  • Excellent Seattle MSA location between I‑5 and Pacific Hwy SW, offering easy access to a dense, affluent population.
  • Serves a market of over 1 million people within 30 minutes, boasting average household income exceeding $94,000 and over $9 billion in annual retail spending (17% online).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Lakewood
County
Pierce
State
Washington
Longitude
-122.5043291
Latitude
47.1493648

FAQs

What type of property is this?
Retail property - Prime Seattle MSA Retail Space
Where is this retail property located?
The property is located at Pacific Hwy Lakewood, WA.
What are key features of this property?
This property features: 11013 Pacific Highway SW, Lakewood, WA (Seattle MSA): 9.82-acre site with a former Costco building (128,280 SF vacant) and a separate O'Reilly Auto Parts building.; Suitable for adaptive reuse as a Neighborhood Fulfillment Center (NFC); features a large, open floor plan with high ceilings and ample parking.; Excellent Seattle MSA location between I-5 and Pacific Hwy SW, offering easy access to a dense, affluent population.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message