Property summary
This exceptional commercial property, located at 8815 S Tacoma Way in Lakewood, WA 98499, presents a significant opportunity for businesses seeking prime office space in the South Tacoma/Lakewood market. The property, known as the South Tacoma Business Park, is a Class B, two-story building totaling 30,000 square feet, constructed in 1972 and extensively renovated in 2014. Currently, 23,000 square feet of office space is immediately available, divisible into units as small as 14,500 square feet, with a maximum contiguous space of 23,000 square feet. The building features a generous 10-foot ceiling height throughout, providing ample space and flexibility for various office configurations. The property sits on 1.59 acres of land and offers convenient access with 110 parking spaces and elevators for easy navigation between floors. The zoning is C2, allowing for a variety of commercial uses. This is a multi-tenant building with a single suite currently available. The property's strategic location and substantial square footage make it an ideal choice for businesses seeking a modern and functional workspace in a thriving commercial area. The extensive 2014 renovation ensures the building is equipped with modern amenities and systems. This is a rare opportunity to secure a significant amount of office space in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
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Training Center Vocational School
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Home Health Care Service Physical Therapy Clinic
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Physician
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Janitorial Service Commercial Cleaning Service
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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