8510 S Tacoma Way

Lakewood, WA 98499

• NNN Property
• Retail for Sale
• $5,627,168 CAD
• 12,989 SF

Lakewood Retail for Sale - Univ. Place/Lakewood

Kidder Mathews is pleased to exclusively present the opportunity to acquire Royal Plaza, a two-building multi-tenant retail center in Lakewood’s Koreatown at 8510-8534 S. Tacoma Way, Lakewood, WA. The property consists of approximately 12,989-squarefoot retail space situated on ±1.14 acre and is currently occupied by eight seasoned tenants, with one vacant unit offering lease-up upside for an investor or potential owner-user opportunity. The center features a stable mix of foods and service tenants, with several shop spaces currently leased below market rates. This presents a compelling value-add opportunity through the lease-up of the existing ±3,000 square foot vacancy, future rent increases, and/or strategic re-tenanting. For investors seeking stable in-place income with meaningful NOI growth potential, Royal Plaza represents a rare opportunity that balances downside protection with upside potential. Royal Plaza benefits from its proximity to Joint Base Lewis-McChord (JBLM), home of I-Corps and the 62nd Airlift Wing. JBLM is one of the largest military installations on the West Coast, supporting ±60,000 military and civilian personnel, contributing nearly $3 billion annually to the local economy, and serving over 254,000 residents in the surrounding area. The property is surrounded by a strong roster of national and regional retailers, including H-Mart Supermarket, Pal-Do World Market, WinCo Foods, Lowe's, Safeway, Walgreens, Starbucks, McDonald’s, Wells Fargo, and Chick-fil-A. This creates a high-traffic and synergistic retail corridor. The property is strategically located and offers convenient access to key regional destinations. • ±30 minutes to Olympia • ±35 minutes to SeaTac International Airport • ±45 minutes to Downtown Seattle Positioned in the heart of South Tacoma submarket, this is one of most active retail corridors in Pierce County. Royal Plaza benefits from a dense and growing population base of more than 295,000 residents within a five-mile radius, with an average household income exceeding $99,000. This 1031 exchange-ready asset offers an attractive combination of stable cash flow, seasoned tenancy, value-add potential, and a prime location

Contact:

Kidder Mathews

Date on Market:

2026-05-12

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Denny's - Tacoma - 8614 S Hosmer St

Tacoma, WA 98444

• NNN Property
• Retail for Sale
• $3,259,640 CAD
• 4,094 SF

Tacoma Retail for Sale - Univ. Place/Lakewood

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale a high-performing Denny's in Tacoma, WA, secured by a brand-new 20-year absolute net lease to be executed at closing. The lease offers long-term, passive cash flow, zero landlord responsibilities, 10% rent escalations every five years, and a guarantee from Awashington, LLC (16 WA locations, $30M+ in annual sales). The restaurant is operated by The Keshap Group — a multi-brand franchisee with 25+ years of experience, 40 Denny's, 20 Papa John's, and four Dave's Hot Chicken restaurants. This Denny's ranks in the top 22% of all restaurants in Washington state (per Placer.ai). The property is strategically located directly off Interstate-5 (167,000+ VPD), offering excellent visibility, prominent signage, and convenient ingress and egress. It benefits from a strong hotel corridor with limited nearby competition, including Holiday Inn Express, Hampton Inn & Suites, Best Western Plus, and several other national brands driving steady customer traffic. The property was extensively renovated in 2022 to Denny's modern prototype standards. The site serves approximately 274,000 residents within 5 miles, with average household incomes exceeding $98,000, in income tax-free Washington state.

Contact:

Marcus & Millichap

Property Subtype:

Restaurant

Date on Market:

2026-04-06

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Gerber Collision & Glass - 1124 Carpenter Rd SE

Lacey, WA 98503

• NNN Property
• Retail for Sale
• $4,837,992 CAD
• 19,262 SF

Lacey Retail for Sale

Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a Gerber Collision & Glass in Lacey, WA. The property features 7 years of firm lease term remaining, following a lease extension two years early from Gerber, demonstrating strong tenant commitment to the site. The lease features attractive 3% annual rent increases and is corporately guaranteed by Gerber Collision & Glass, with over 1,000 locations nationwide. The property has been well maintained with recent capital improvements including approximately $63,000 in plumbing line replacements. The lease features minimal landlord responsibilities, restricted to roof and structural elements only, providing a passive investment structure. Offered at approximately $183 per square foot, the property presents an opportunity to acquire a mission-critical collision repair facility at a basis significantly below new construction costs. The property is strategically positioned along Carpenter Road SE within an established auto-oriented corridor surrounded by complementary automotive and service tenants, and is located with convenient access to major roadways supporting efficient customer access and regional draw. Investors additionally benefit from Washington State's income tax-free structure.

Contact:

Marcus & Millichap

Property Subtype:

Auto Repair

Date on Market:

2026-03-19

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2600 Willamette Dr NE - 2600 Willamette Dr NE

Lacey, WA 98516

• NNN Property
• Industrial for Sale
• $5,558,544 CAD
• 20,714 SF

Lacey Industrial for Sale

Team Vara presents the investment offering of 2600 Willamette Dr NE in Lacey, WA as a stabilized industrial investment opportunity. Situated just minutes from I-5, the property benefits from excellent regional connectivity between Seattle, Tacoma, and Portland, making it well suited for last-mile distribution and light manufacturing serving the broader Pacific Northwest. The building’s functional industrial design, convenient truck access, and proximity to major transportation corridors position the asset to meet sustained demand from logistics, e-commerce, and service-oriented industrial tenants. The property represents an opportunity to acquire a fully leased industrial asset in a supply-constrained market with favorable long-term fundamentals, offering both stable cash flow potential and upside through continued market rent growth.

Contact:

Northmarq

Property Subtype:

Warehouse

Date on Market:

2026-03-18

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Dollar General Absolute NNN Lease - 303 2nd St

Morton, WA 98356

• NNN Property
• Retail for Sale
• $3,400,001 CAD
• 9,100 SF

Morton Retail for Sale

This is a strong opportunity to acquire a Dollar General property in Morton, Washington, priced at $2,477,268. The property generates $152,352 in annual NOI, reflecting a 6.15% cap rate. It’s backed by a 15-year Absolute NNN lease, so the tenant covers taxes, insurance, and maintenance, making it a truly hands-off investment. The lease runs through April 2037 and includes renewal options with 10% rent increases in each option period, offering built-in upside over time. The store is located near the intersection of US Highway 12 and State Route 7, right in the heart of Lewis County. It benefits from strong visibility and easy access, and it sits along a key route for travelers heading toward Mount Rainier and Mount St. Helens. With steady year-round tourist traffic and local residents relying on it for everyday needs, the location supports consistent demand. Morton serves as a commercial hub for the surrounding rural communities. The area includes a mix of local businesses and regional employers such as Hampton Lumber and TMI Forest Products, along with Arbor Health Morton Hospital, which brings regular daily traffic. Overall, the combination of local industry, healthcare presence, and tourism helps support long-term retail stability at this location.

Contact:

The Kase Group

Property Subtype:

Storefront

Date on Market:

2026-03-04

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4916 Center St

Tacoma, WA 98409

• NNN Property
• Retail for Sale
• $12,352,320 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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772 Sussex Ave E

Tenino, WA 98589

• NNN Property
• Industrial for Sale
• $1,646,976 CAD
• 4,000 SF

Tenino Industrial for Sale - Outlying Thurston County

True NNN Lease – Tenant pays all operating expenses including taxes, insurance, utilities, maintenance, and exterior upkeep. Landlord responsibility limited to roof and structure only, offering a low-management, passive investment opportunity. One year left on lease and have expressed the want to renew. Perfect passive income property little to effort. Situated in a quiet, rural pocket just outside downtown Tenino, 7272 Sussex Ave offers the perfect balance of country feel and convenient access. The property is minutes from I-5, providing an easy commute to Olympia, Tumwater, Centralia, and JBLM. Enjoy the privacy and space of a peaceful setting while remaining close to local shops, schools, dining, and everyday amenities. Ideal for those seeking room to breathe without sacrificing connectivity.

Contact:

C & J Realty LLC

Date on Market:

2025-12-29

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Share Complex - 12202 Pacific Ave S

Tacoma, WA 98444

• NNN Property
• Office for Sale
• $3,019,456 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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