14918 Pacific Ave Spanaway, WA 98387
This exceptional retail property in Spanaway, Washington, presents a compelling investment opportunity. Located at 14918 Pacific Ave S, 98387, this 89,002 square foot center sits on a 7.62-acre lot and offers multiple tenancy options. Currently, there are 13,852 square feet of vacant space available, divisible into units as small as 800 square feet, with a maximum contiguous space of 27,359 square feet. The property boasts ample parking with a ratio of 4.16 spaces per 1,000 square feet. Built in 1974, the center is zoned Town Center (TCTR) and benefits from its location in a growing suburban community near Joint Base Lewis McChord. Spanaway's expanding population and ongoing infrastructure improvements, including road expansions and utility upgrades, create a strong demand for retail and service businesses. The property's prime location and diverse range of potential uses make it an ideal investment for businesses seeking high visibility and access to a substantial customer base. The property's APN is 0319212049
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.