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Lakes Plaza 9124 Gravelly Lake Dr SW 3,885 sq ft Vacant Retail Property Lakewood, WA 98499 £669,584 (£172.35/sq ft)
INVESTMENT HIGHLIGHTS
- Heavy traffic supplying over 20,000 vehicles per day
- Cross parking agreement for ample parking.
- Updated HVAC and Finishings
- 3 office suites
EXECUTIVE SUMMARY
100% vacant now. Owner User or Investment Opportunity. Incredible access and visibility supplied by Bridgeport Way and Gravelly Lake Dr for this attractive 3885sf +/- professional building. Traffic of over 20,000+ vehicles per day. Additional parking is secured by a cross-parking easement. Monument signage and access on both major roadways. This building has recently upgraded HVAC and tasteful finishes. This office building is comprised of 3 office suites providing multiple uses and tenants when available. Possible seller financing negotiable. Cap rate based on previous rents.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Standalone
Property Size
3,885 sq ft
Costar Property Class
B
Year Built
1986
Price
£669,584
Price per sq ft
£172.35
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.25
Total Plot Size
0.35 ac
Use Class
CBD
Parking
13 Spaces (3.35 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Banking
- Bus Route
- Signage
- Tenant Controlled HVAC
Walk Score®
Easily Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 513000-1380 | Improvements Assessment | £72,991 |
| Land Assessment | £382,385 | Total Assessment | £455,377 |
PROPERTY TAXES
Parcel Number
513000-1380
Land Assessment
£382,385
Improvements Assessment
£72,991
Total Assessment
£455,377
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Lakes Plaza | 9124 Gravelly Lake Dr SW
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