Lakewood, WA Strip malls for Rent & Lease

Updated: Aug 15

Strip Mall Retail Space

8524 Steilacoom Blvd SW, Lakewood, WA 98498

$27 SF/Yr

1,313 sqft

1,313 SF of professional retail space for lease
Convenient access to Interstate 5
Views of the Puget Sound
Located at 8524 Steilacoom Blvd SW, Lakewood, WA 98498

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Updated: Dec 16, 2025

Retail Space in Painted Strip Mall

10518 Pacific Hwy SW, Lakewood, WA 98499

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1,364 sqft

1,364 SF retail suite available NOW at Mazatlan S. Tacoma Way Center
Newly painted strip mall with multiple existing tenants, including LaCasa de Sharon, Cham Garden, and Mazatlan Restaurant
Ample parking with multiple points of access
Fantastic street exposure on South Tacoma Way
Within minutes of the I‑5/SR‑512 interchange

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Lakewood, WA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 1 Properties for Sales.

Strip malls for Lease in Nearby Cities

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

Retail Space in Shopping Center

301 Tukwila Pkwy, Tukwila, WA 98188

$24 SF/Yr

Highly accessible retail space with regional connectivity near major interstates and across from Westfield Southcenter Mall.

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Retail Space

13507 Meridian Ave E, Puyallup, WA 98374

Contact for pricing

960 sqft

Occupied retail space available for lease with broker-scheduled access.

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Retail Strip Center for Lease

406-410 Baker Blvd, Tukwila, WA 98188

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1,350 sqft

Multi-tenant retail strip center available for lease at 406–410 Baker Blvd.

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Puyallup Retail Space For Rent

611 S Meridian St, Puyallup, WA

Contact for pricing

2,822 sqft 3.41 AC lot

Downtown Puyallup retail space in Safeway anchored center.

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Similar Spaces for Sale in Lakewood, WA

Consider Similar Space for Sale. We found 1 Spaces matching your search parameters.

Fully Occupied Retail Strip Investment

12134 Pacific Hwy SW, Lakewood, WA 98499

$1,097,000

Three-unit retail strip on Pacific Highway with NNN leases.

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Lakewood, WA Strip malls Lease Rates & Market Statistics

Browse 2 Strip malls for lease in Lakewood, WA on Realmo, a commercial real estate marketplace serving the Lakewood area. The current inventory totals 2,677 square feet of properties.

Strip malls lease rates in Lakewood range from $27 SF/Yr at the entry level to $27 SF/Yr at the top of the market, averaging $27 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $27 SF/Yr is 40% above the Washington state average of $19.35 SF/Yr.

Lakewood accounts for 29% of the 7 strip malls currently available across Pierce County, where nearby markets include Puyallup and Orting. Strip malls are one of the more limited space types in Lakewood, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Shopping centers (3 listings) and Storefront properties (3 listings) elsewhere in the Lakewood market.