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

Date on Market:

2026-05-12

Federal Way Retail for Sale - Federal Way/Auburn

Property Subtype:

Supermarket

Date on Market:

2026-05-05

Everett Retail for Sale - Everett CBD

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale a corporate guaranteed absolute net Walgreens located in rapidly growing Everett, WA. The Property features an attractive assumable loan at roughly 85% LTV, fixed until March, 2029 at 5.19% interest only, resulting in a 27.60% cash-on-cash return. This location boasts strong historical store sales north of $3,000,000/year and has experienced an increase in sales and prescriptions after the recent closing of the Bartell Drugs (Rite Aid) location roughly 0.3 miles to the north. The Property is strategically located at a signalized hard corner with four ingress/egress points and a drive-thru. The location is roughly a 10 minute drive from Paine Field, an international airport with total economic impact/business revenue of nearly $60 billion annually and 158,227 jobs (direct and indirect, per Snohomish County). The Property is less than 5 minutes away from The Commons Naval Station Everett (NSE), the home port of Carrier Strike Group 11, claimed “as the single most powerful mobile force in the world,” and home to approximately 6,000 Navy personnel. Within a 5-mile radius there are over 121,000 residents with average household incomes in excess of $116,000/year. Since 2010, the surrounding area has grown by over 18%.

Property Subtype:

Drug Store

Date on Market:

2026-05-04

Monroe Retail for Sale - S Snohomish County

Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a corporate Crash Champions in Monroe, WA. Crash Champions recently exercised its first 5-year option, extending the lease expiration to 9/30/2030 and showing strong commitment to the site. The tenant is currently paying just $10.22/SF + NNN in rent, with market rents achievable in the $20/SF - $24/SF + NNN range, providing a low operating cost for Crash Champions and meaningful long-term rental upside. The lease includes attractive 2.00% annual rent increases throughout the initial term and option periods, providing consistent NOI growth and strong inflation protection. The NNN lease features very minimal landlord responsibilities (roof only) and is backed by Crash Champions, LLC, a leading national collision repair operator with over 650 locations across 38 states. The property has been operated continuously as an automotive repair facility for over 27 years (since 1999), providing established traffic patterns and strong customer draw. It is located within blocks of both Hwy 2 and Hwy 203 (49,000+ VPD combined) and nearby numerous national retail tenants including Walmart, Safeway, and Lowe’s. The property benefits from strong market fundamentals, including a supply-constrained retail submarket vacancy rate of approximately 1.8%, supporting long-term tenant demand for well-located service-oriented uses. The property serves an established population of approximately 165,000 residents within a 10-mile radius, with average household incomes exceeding $169,000. Additionally, Washington’s status as an income tax-free state enhances after-tax returns, making this an attractive opportunity for investors seeking durable cash flow and long-term growth.

Property Subtype:

Auto Repair

Date on Market:

2026-04-20

Des Moines Retail for Sale - SeaTac/Burien

This offering presents a rare opportunity to acquire a 100% leased, single-tenant retail asset occupied by Jack in the Box, Inc. in the highly accessible and densely populated submarket of Des Moines. The ±2,397 SF building is situated on ±23,630 SF of land at the intersection of Marine View Drive and S 227th Street, benefiting from excellent visibility and proximity to Des Moines Marina and Seattle-Tacoma International Airport, along with limited fast-food competition in the immediate area. The property features a long-term lease through November 2029, with four 5-year renewal options and CPI-based rent escalations, providing stable cash flow within the growing Puget Sound corridor. Investment Thesis: Dense, infill suburban market with stable consumer demand Supply-constrained retail environment supporting long-term rent growth Strong traffic drivers (Airport, Marina, commuter corridors) Limited direct fast-food competition ? high tenant sustainability

Property Subtype:

Fast Food

Date on Market:

2026-04-16

Sumner Retail for Sale - Tacoma Suburban

7-Eleven w/ Gas | NNN Lease | Strong Performing Location per Placer.ai: Top 13% Most Visited Site in the Chain | Bonus Depreciation | Signalized Hard Corner Location | Strong Regional Connectivity to Interstate-5 & WA-167 | Densely Populated & Affluent Area | Within the Seattle-Tacoma Industrial Growth Hub | Significant Daytime Population | Investment-Grade Tenant Washington Broker of Record: Joel Deis | 401 Union St., 32nd Floor Seattle, WA 98101 | Lic #: 25469 | Firm License #: 397 | CBA Office No. 974500 | P: (206) 826-5700 Joel.Deis@MarcusMillichap.com

Property Subtype:

Convenience

Date on Market:

2026-03-03

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.

Property Subtype:

Drug Store

Date on Market:

2026-02-18

Sumner Portfolio of properties for Sale - E Pierce County

Team Vara at Northmarq is pleased to offer the Sumner Veterinary Hospital, a mission-critical medical facility in the growing Sumner, WA market with excellent access to the greater Tacoma–Pierce County region. Purpose-built as one of only three 24/7 emergency veterinary hospitals in Pierce County, the property is fully leased on a long-term, passive triple-net basis to National Veterinary Associates (NVA)—the largest private owner of freestanding veterinary hospitals in the U.S. NVA reaffirmed its commitment with a 20-year renewal in 2021 (15+ years remaining) and has heavily invested in state-of-the-art medical improvements, underscoring the strategic importance of this location. With CPI-based annual rent increases, minimal landlord obligations, and strong regional demand driven by robust demographics and high pet-ownership rates, the asset represents a rare opportunity to acquire a stable, long-term net-leased medical facility backed by a nationally scaled operator.

Date on Market:

2026-02-10