Walgreens - 28817 Military Rd S

Federal Way, WA 98003

• NNN Property
• Retail for Sale
• $5,868,822 CAD
• 14,238 SF

Federal Way Retail for Sale - Federal Way/Auburn

Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a 5+ Year Absolute NNN Walgreens in Federal Way, WA (Seattle-Tacoma MSA). The property has 5+ years remaining on an absolute NNN lease and six, 5-year renewal options. The lease is corporately guaranteed by Walgreens Boots Alliance, Inc, now owned by Sycamore Partners, which manages over $11B in committed capital. Walgreens has occupied this location since 2004 (21+ years) and benefits from no pharmacy competition within 2 miles. The property is shadow anchored by a top 10% ranked Safeway grocery store (910,000+ annual visits) and adjacent Valley Harvest International Market (500,000+ annual visits), driving strong and diverse traffic flow. Situated at the signalized intersection of Military Road S and S 288th Street, the property benefits from over 33,000 vehicles per day with excellent visibility and access. The area demographics are robust with approximately 230,000 residents within five miles and average household incomes exceeding $100,000. The rent increases 13% in 2031 in the next lease renewal option, boosting investor returns to an attractive 9.90% cap rate.

Contact:

Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2026-02-18

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DaVita Data Center - 1441 Court A

Tacoma, WA 98402

• NNN Property
• Industrial for Sale
• $10,460,226 CAD
• 18,732 SF

Tacoma Industrial for Sale - Tacoma CBD

The property is fully leased to DaVita, Inc., a Fortune 200 company with a market capitalization exceeding $10 billion, under a corporately guaranteed lease with more than 6 years remaining. The lease features 2% annual rent increases and offers a cap rate 7%, providing stable, predictable income backed by one of the strongest credit tenants in the medical sector, which operates over 2,900 dialysis centers globally. Located at 1441 Court A in downtown Tacoma, this three-story medical data center occupies a hard-to-replace site adjacent to the Port of Tacoma and just one mile from Interstate 5, which sees more than 200,000 vehicles per day. The location offers excellent access and visibility, with close proximity to major transportation corridors and port infrastructure that drive regional commerce. Tacoma’s industrial market remains among the most active in the country, supported by port operations that handle 10–13 million tons of cargo annually and generate over $25 billion in economic activity.

Contact:

The Kase Group

Property Subtype:

Telecom

Date on Market:

2026-01-26

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4916 Center St

Tacoma, WA 98409

• NNN Property
• Retail for Sale
• $12,326,580 CAD
• 20,321 SF

Tacoma Retail for Sale - Tacoma Suburban

Prime West End Location along high-traffic Center St with excellent visibility and direct access to Hwy-16. Established Multi-Tenant Retail Center serving a dense residential and commuter trade area. Strong Traffic Counts and consistent customer flow driven by major arterials and surrounding commercial synergy. Diverse Tenant Mix suitable for retail, service, food, and professional office, offering long-term leasing flexibility. Stable Income Stream with opportunity to increase rents to market and improve tenant mix. Ample Surface Parking with easy ingress/egress supporting high customer capture rate. Hard-to-Find Tacoma Retail Asset in a tight market with strong demographics and long-term growth projections.

Contact:

Top Agency

Date on Market:

2026-01-20

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7-Eleven: Seattle, WA - 12848 Martin Luther King Jr Way

Seattle, WA 98178

• NNN Property
• Retail for Sale
• $6,439,542 CAD
• 2,428 SF

• Air Conditioning
• Security System

Seattle Retail for Sale - Renton/Tukwila

CBRE is pleased to present the 2,428-square-foot 7-Eleven situated on 0.47 acres in Seattle, Washington (MSA Population: 4.19M+). 7-Eleven's absolute NNN lease features ±10.1 years of primary term remaining with a 10% rent increase in 2031 and five, 5-year renewal options. Rent increases by 7.5% in the first three options and is set to FMRV in the fourth and fifth options. .

Contact:

CBRE

Property Subtype:

Service Station

Date on Market:

2026-01-05

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Share Complex - 12202 Pacific Ave S

Tacoma, WA 98444

• NNN Property
• Office for Sale
• $3,013,164 CAD
• 5,938 SF

Tacoma Office for Sale - Spanaway

Fully Leased or ±1,822 SF Available — seller willing to lease back or vacate, offering flexibility for investors or owner-users Approx. 6.75% In-Place Cap Rate with stable, in-place income Turn-Key Asset — professionally maintained with strong operating history Over $650,000 in Capital Improvements (2024) — significant recent reinvestment reduces near-term capital risk Extensively Remodeled Office Space — ±1,800 SF Class B suite, fully furnished with built-in desks, four private offices, conference room, and dedicated storage Diverse Tenant Mix — minimizes rollover risk and supports long-term stability Prime Pacific Avenue Corridor Location — excellent visibility and accessibility Immediate Freeway Access — quick connectivity to Hwy 512 and I-5 Attractive Owner-User or Passive Investment Opportunity with future upside

Contact:

C & J Realty LLC

Property Subtype:

Medical

Date on Market:

2025-12-26

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6812 Tacoma Mall Blvd

Tacoma, WA 98409

• NNN Property
• Retail for Sale
• $4,526,594 CAD
• 8,696 SF

• Restaurant

Tacoma Retail for Sale - Tacoma Suburban

6812 Tacoma Mall Boulevard is a 0.99-acre retail property fully leased to La Perla del Mar VIP, a well-established upscale Mexican restaurant with multiple locations The 8,969 SF building has been recently renovated, peering modern infrastructure and minimal near-term capital requirements. The lease provides more than five years of remaining term with a true NNN structure and scheduled rent increases less than six months away, ensuring predictable and growing income. With strong parking capacity of over 75 stalls and efficient site layout, the property is positioned as a secure, income-producing investment delivering both stability and longterm value.

Contact:

Commercial Integrity NW

Property Subtype:

Restaurant

Date on Market:

2025-12-12

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Rainier View Industrial Park - 6303 Rich Rd SE

Olympia, WA 98501

• NNN Property
• Industrial for Sale
• $17,873,541 CAD
• 66,752 SF

• Security System

Olympia Industrial for Sale - Outlying Thurston County

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale Rainier View Industrial Park, a newly renovated industrial park located in Olympia, WA. The property demonstrates strong operational momentum at 85% leased with sixteen new leases executed in 2024-2025 and multiple leases pending. Over $2M worth of extensive renovations were completed in 2024-2025 and nearly all tenants operate on truly NNN leases with 3%-5% annual rent increases, providing a fully renovated and turnkey property with strong tenant demand and extremely limited competition. An additional benefit, a cost segregation study projects over $2 million in first-year bonus depreciation.

Contact:

Marcus & Millichap

Property Subtype:

Distribution

Date on Market:

2025-12-05

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Sherwin-Williams - 5211 100th St SW

Lakewood, WA 98499

• NNN Property
• Retail for Sale
• $2,636,518 CAD
• 4,000 SF

Lakewood Retail for Sale - Univ. Place/Lakewood

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Lakewood, WA. The property is leased to Sherwin Williams, renowned for its quality paint and coating products, and established as a trusted brand in the industry. This property is positioned on a Lowe’s Home Improvement pad site, situated in the vibrant community of Lakewood, WA. This strategic location ensures high visibility and steady foot traffic. It’s located just minutes away from Lakewood Towne Center, Lakewood’s premier shopping destination. Some of the surrounding business include Hobby Lobby, 7-Eleven, Safeway, Starbucks, IHOP and much more. Sherwin Williams extended their Lease Term in August of 2020 showing their Commitment to the Site!

Contact:

MAJ Commercial Real Estate

Property Subtype:

Freestanding

Date on Market:

2025-11-20

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