6108 Mt Tacoma Dr SW | Lakewood, WA 98499
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- LoopNet Team
6108 Mt Tacoma Dr SW
Lakewood, WA 98499
European Square · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupied neighborhood center with little-to-no historical vacancy
- Annual lift in base rent is provided by yearly CPI increases scheduled for all tenants
- The Property is exposed to over 32,000 VPD between two heavily trafficked intersections, with additional daily foot traffic
- Hess Bakery & Deli and the German Pastry Shop have occupied 65% of the building for over 40 years
- Lease extensions recently executed for Marcus Anthony, Charisma School of Dance, and Crossroads Counseling
- Joint Base Lewis-McChord is the third-largest employer in Washington with over 110,000 active-duty members
PROPERTY FACTS
Property Type
Property Size
11,866 sq ft
Costar Property Class
C
Year Built
1980
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.35
Total Plot Size
0.77 ac
Use Class
CBD
Parking
49 Spaces (4.13 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Bus Route
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 021902-2224 | Improvements Assessment | £830,016 |
| Land Assessment | £648,953 | Total Assessment | £1,478,969 |
PROPERTY TAXES
Parcel Number
021902-2224
Land Assessment
£648,953
Improvements Assessment
£830,016
Total Assessment
£1,478,969
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