0 Pacific Hwy, Lakewood, WA 98499

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.