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    Fully Occupied Retail Strip Investment
    Updated: Apr 17, 2024
    Fully Occupied Retail Strip Investment

    12134 Pacific Hwy SW, Lakewood, WA 98499

    $1,097,000
    Fully occupied 3‑unit retail strip on HIGH‑TRAFFIC Pacific Highway.
    Anchored by two established restaurants and a smoke shop.
    All units under triple net leases (NNN).
    5‑year leases with 3% annual rent increases.
    High visibility and parking availability.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 1 Active listings in Lakewood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Iconic University Place Cafe Building
    Iconic University Place Cafe Building

    2912 27th St W, University Place, WA 98466

    $1,295,000
    7,263 sqft

    Prime retail property near Chambers Bay with development potential.

    View details
    Turn-Key Restaurant Ready For Sale
    Turn-Key Restaurant Ready For Sale

    2122 Mildred Street W, University Place, WA 98466

    $1,700,000
    5,634 sqft

    Restaurant with hood, grease trap, kitchen equipment, and bar.

    View details
    Denny’s Restaurant Property
    Denny’s Restaurant Property

    10802 Pacific Ave, Tacoma, WA 98444

    Contact for pricing

    Absolute-net lease with 13 years remaining, 1.50% annual increases, and two 5-year renewal options.

    View details
    Equipped Drive-Through Restaurant
    Equipped Drive-Through Restaurant

    10105 S Tacoma Way, Tacoma, WA 98499

    Contact for pricing

    Operating restaurant with outdoor seating, on-site parking, and a complete equipment package.

    View details

    Off-Market Properties in Lakewood, WA

    Consider similar Off-Market properties in Lakewood, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10509 Bridgeport SW Way
    RESTAURANT

    10509 Bridgeport SW Way, Lakewood, WA 98499-4805

    $445,000
    Estimated value
    1,200 sqft 0.24 AC lot
    View details
    1714 To 1716th 6th Ave
    RESTAURANT

    1714 To 1716th 6th Ave, Lakewood, WA 98496

    $1,900,000
    Estimated value
    1,292 sqft 0.16 AC lot
    View details
    15116 Un SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    15116 Un SW Ave, Lakewood, WA 98498-2045

    $1,665,000
    Estimated value
    1,834 sqft 0.84 AC lot
    View details
    8201 Steilacoom SW Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    8201 Steilacoom SW Blvd, Lakewood, WA 98498-6156

    $550,000
    Estimated value
    4,587 sqft 0.36 AC lot
    View details
    5901 100th SW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    5901 100th SW St, Lakewood, WA 98499-2731

    $450,000
    Estimated value
    2,682 sqft 0.64 AC lot
    View details
    4710 Pacific SW St
    RESTAURANT

    4710 Pacific SW St, Lakewood, WA 98499

    $415,000
    Estimated value
    2,454 sqft 0.38 AC lot
    View details
    2402 112th S St
    RESTAURANT

    2402 112th S St, Lakewood, WA 98499

    $330,000
    Estimated value
    2,000 sqft 0.57 AC lot
    View details
    5213 Tacoma Way
    RESTAURANT

    5213 Tacoma Way, Lakewood, WA 98409-4318

    $370,000
    Estimated value
    1,824 sqft 0.06 AC lot
    View details
    15029 Thorne SW Ln
    RESTAURANT

    15029 Thorne SW Ln, Lakewood, WA 98498-2055

    $260,000
    Estimated value
    1,158 sqft 0.21 AC lot
    View details
    9124 Veterans SW Dr
    RESTAURANT

    9124 Veterans SW Dr, Lakewood, WA 98498-2571

    $775,000
    Estimated value
    1,500 sqft 0.60 AC lot
    View details
    7421 Custer W Rd
    RESTAURANT

    7421 Custer W Rd, Lakewood, WA 98499-7942

    $570,000
    Estimated value
    2,204 sqft 0.25 AC lot
    View details
    8814 Tacoma Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    8814 Tacoma Way, Lakewood, WA 98499-4578

    $1,785,000
    Estimated value
    2,340 sqft 0.41 AC lot
    View details
    12115 Pacific SW Hwy
    RESTAURANT

    12115 Pacific SW Hwy, Lakewood, WA 98499-1017

    $175,000
    Estimated value
    1,673 sqft 0.17 AC lot
    View details
    8624 Steilacoom SW Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    8624 Steilacoom SW Blvd, Lakewood, WA 98498-4710

    $355,000
    Estimated value
    858 sqft 0.43 AC lot
    View details
    7605 Steilacoom SW Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    7605 Steilacoom SW Blvd, Lakewood, WA 98498-6168

    $420,000
    Estimated value
    2,022 sqft 0.47 AC lot
    View details
    10706 Bridgeport SW Way
    RESTAURANT

    10706 Bridgeport SW Way, Lakewood, WA 98499-4833

    $985,000
    Estimated value
    2,020 sqft 0.48 AC lot
    View details
    14911 Un SW Ave
    RESTAURANT

    14911 Un SW Ave, Lakewood, WA 98498-2249

    $355,000
    Estimated value
    2,805 sqft 0.11 AC lot
    View details
    8504 Hipkins SW Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    8504 Hipkins SW Rd, Lakewood, WA 98498-4626

    $395,000
    Estimated value
    2,358 sqft 0.38 AC lot
    View details
    11521 Bridgeport SW Way
    RESTAURANT

    11521 Bridgeport SW Way, Lakewood, WA 98499-3041

    $985,000
    Estimated value
    10,762 sqft 0.75 AC lot
    View details
    14815 Un SW Ave
    RESTAURANT

    14815 Un SW Ave, Lakewood, WA 98498-2247

    $600,000
    Estimated value
    2,980 sqft 0.23 AC lot
    View details
    8920 Tacoma Way
    RESTAURANT

    8920 Tacoma Way, Lakewood, WA 98499-4460

    $2,480,000
    Estimated value
    8,787 sqft 1.66 AC lot
    View details
    6229 Lk Grv SW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    6229 Lk Grv SW St, Lakewood, WA 98499-5245

    $360,000
    Estimated value
    823 sqft 0.56 AC lot
    View details
    8515 Tacoma Way
    RESTAURANT

    8515 Tacoma Way, Lakewood, WA 98499-4540

    $290,000
    Estimated value
    2,655 sqft
    View details

    Lakewood, WA Restaurants Market Trends and Statistics

    Explore 62 restaurants for sale in Lakewood, WA on our real estate platform.

    Sale prices for restaurant properties in Lakewood, WA average $1,097,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 95K
    Population Growth (5Y) +4.7%
    Median Household Income $72,989
    College Educated 15.9%

    High-Yield Neighborhoods for Investment

    Identify Lakewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98499 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $12.73 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Lakewood fall within the 10,000 to 25,000 square foot range.

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