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Royal Plaza 8510 S Tacoma Way Local commercial 1 207 m² 77 % Loué À vendre Lakewood, WA 98499 3 417 258 € (2 831,86 €/m²) Taux de capitalisation 6 %
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Value-Added Center - 6% Cap Rate on inplace income at 77% occupancy and 8% Cap Rate on proforma income
- Koreatown Tacoma location – Strategically located adjacent to H-Mart, the largest Korean supermarket chain in the U.S.
- Stable Cash Flow with Upside – Combines reliable in place income with near term growth potential.
- Owner-User Opportunity – approximately 3,000 SF available for Owner-User opportunity
- Out of State Ownership – First time on the market in over 20 years.
- Strong Local Base – Population exceeding 283,000 within 5 miles radius and average household income of over $110,000.
Résumé analytique
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
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
Informations sur l’immeuble
Type de vente
Investissement triple net
Condition de vente
1031 Exchange
Type de bien
Surface de l’immeuble
1 207 m²
Classe d’immeuble
C
Année de construction/rénovation
1990/2018
Prix
3 417 258 €
Prix par m²
2 831,86 €
Taux de capitalisation
6 %
RNE
205 163 €
Pourcentage loué
77 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,26
Surface du lot
0,46 ha
Zonage
C2
Stationnement
65 places (53,87 places par 1 000 m² loué)
Façade
35 m sur Tacoma Way
Caractéristiques
- Ligne d’autobus
- Enseigne sur pylône
- Signalisation
Disponibilité de l’espace
- Espace
- Surface
- Type de bien
- Poste
- Disponible
Superbe bâtiment de bureaux/commerces avec un grand parking. Démographie solide et excellent flux de circulation. Accès facile depuis South Tacoma Way. Les co-locataires incluent : boulangerie, restaurants, salon de coiffure, épicerie et bien plus. Veuillez contacter le courtier en charge de l'annonce pour plus d'informations.
| Espace | Surface | Type de bien | Poste | Disponible |
| E | 251 m² | Local commercial | Contigu et aligné | Maintenant |
E
| Surface |
| 251 m² |
| Type de bien |
| Local commercial |
| Poste |
| Contigu et aligné |
| Disponible |
| Maintenant |
1 sur 2
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
E
| Surface | 251 m² |
| Type de bien | Local commercial |
| Poste | Contigu et aligné |
| Disponible | Maintenant |
Superbe bâtiment de bureaux/commerces avec un grand parking. Démographie solide et excellent flux de circulation. Accès facile depuis South Tacoma Way. Les co-locataires incluent : boulangerie, restaurants, salon de coiffure, épicerie et bien plus. Veuillez contacter le courtier en charge de l'annonce pour plus d'informations.
Moyennement praticable à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 790000-0082 | Évaluation des aménagements | 1 017 992 € |
| Évaluation du terrain | 1 461 097 € | Évaluation totale | 2 479 089 € |
Taxes foncières
Numéro de parcelle
790000-0082
Évaluation du terrain
1 461 097 €
Évaluation des aménagements
1 017 992 €
Évaluation totale
2 479 089 €
1 sur 11
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Royal Plaza | 8510 S Tacoma Way
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