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Historic Building at Busy Intersection
For Lease
$20 SF/Yr

9514 Gravelly Lake Drive SW, Lakewood, WA 98499

Iconic retail property with high visibility on a busy corner.

Space Size705 SF - 3,378 SF
Property Size51,580 SF
Days on Market330

Property Features for 9514 Gravelly Lake Drive SW

General Information

Standard status Active
Size 705 SF - 3,378 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 51,580 SF
Year Built 1937

Spaces For Lease

at 9514 Gravelly Lake Drive SW Contact us

9514 Gravelly Lake Dr SW - W17 $20/SF/Yr

Size
1,792 SF
Type
Strip Center
Term
Negotiable
Contact us

9514 Gravelly Lake Dr SW - W19 $20/SF/Yr

Size
2,595 SF
Type
Strip Center
Term
Negotiable
Contact us

9514 Gravelly Lake Dr SW - W23 $20/SF/Yr

Size
1,423 SF
Type
Strip Center
Term
Negotiable
Contact us

9514 Gravelly Lake Dr SW - W26 $20/SF/Yr

Size
705 SF
Type
Strip Center
Term
Negotiable
Contact us

9514 Gravelly Lake Dr SW - W5 $20/SF/Yr

Size
1,678 SF
Type
Strip Center
Term
Negotiable
Contact us

9514 Gravelly Lake Dr SW - W6 & W7 $20/SF/Yr

Size
3,378 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: Zachary Ota
Source: Lee-associates
Added: Sep 25, 2025 Changed: Aug 14 Last Checked: Aug 20 at 5:43AM

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 iconic property, a historic building in Lakewood, is positioned at the intersection of Bridgeport Way SW and Gravelly Lake Drive SW. The property benefits from high visibility and heavy traffic counts at the corner of Bridgeport and Gravelly Lake Drive SW.

Key Highlights

  • Iconic, historic building.
  • Prime location at a busy intersection of Bridgeport Way SW and Gravelly Lake Drive SW.
  • High visibility ensures your business will be noticed.

Property Analytics

Current Use

NW Sports Physical ... Medical Clinic

Suggested Use

Top Pick Storage Facility Auto Parts Store HVAC Service Big Box & Wholesale Store Hotel & Motel Food Market

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,566
Businesses Nearby
365k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 27% Groceries 20% Apparel 6%
Safeway Groceries
72,520 visits/mo 0.5 miles
Safeway Gas Shops & Services
25,687 visits/mo 0.4 miles
PetSmart Shops & Services
23,414 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
23,114 visits/mo 0.2 miles
Taco Bell Dining
18,426 visits/mo 0.1 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail property - Iconic retail property with high visibility on a busy corner.
Where is this retail property located?
The property is located at 9514 Gravelly Lake Drive SW Lakewood, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Iconic, historic building.; Prime location at a busy intersection of Bridgeport Way SW and Gravelly Lake Drive SW.; High visibility ensures your business will be noticed.
More about this property
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