Address: 12134 Pacific Highway SW, Lakewood, WA 98499
City: Lakewood
State: WA
Zip: 98499
County: Pierce
Description
Presenting a fully occupied investment prospect, this property offers a unique opportunity to expand your portfolio with a 3 unit retail strip! Anchored by two well-established restaurants and a smoke shop., The property is situated on the bustling Pacific Highway, ensuring high visibility and traffic. The site benefits from parking visibility and potential for higher rents enhances its value-add potential. All units are under triple net leases (NNN) ensuring tenants are responsible or expenses. Located in an area experiencing growth, this property represents a dynamic investment for some one looking to add to their portfolio. Sale includes two tax parcels. 5 year leases with 3% annual bumps! *DISCRETION ADVISED Do not disturb tenants
Property Map
From I-5, take Exit 125 to Bridgeport Way SW towards Lakewood, go South on Pacific Highway SW, building is on yourright hand side, not far from the intersection.
Listing # Courtesy of Michael Piccolo of COMPASS. Last Updated: November 13, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
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