12134 Pacific Highway SW
Lakewood, WA 98499
0.14 acres | #2307355
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
Interior Details
- InteriorLaminate
Property Details
- Exterior MaterialsWood, Wood Products
Measurements
- Acres0.1377
Construction Details
- Style60 - Comm Bldg Und 10K
- Property TypePurchase
Condition
- Year Built1941
Material information
- FoundationBlock
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionLakewood
Location
- CountyPierce
Financial Details
- Original List Price$1,097,000
- Taxes Annual$6,428
- Days on Market (Cumulative)16
Other
- MLS #2307355
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 18:50:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Michael Piccolo (#NWM118302)
Listing Office: COMPASS (#NWM4704)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
