5211 100th St SW - Freestanding FOR SALE


Lakewood, WA 98499- Lakeview Tacoma
$1,999,900 USD
360-823-5111
5211 100th St SW, Lakewood, WA for Sale
$1,999,900 USD
Freestanding - FOR SALE
1/12
null | 5.28% Cap Rate

5211 100th St SW
Lakewood, WA 98499
Lakeview Tacoma


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,999,900 USD

PRICE/SF

$500 USD /SF

CAP RATE

5.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin-Williams

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

LKWD

APN/PARCEL ID

021902-5007

ASK ABOUT THIS PROPERTY

Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.