Lakes Plaza | 9124 Gravelly Lake Dr SW
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Lakes Plaza 9124 Gravelly Lake Dr SW
3,885 SF 100% Leased Retail Building Lakewood, WA 98499 $1,586,904 CAD ($408.47 CAD/SF) 7% Cap Rate
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
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,885 SF
Building Class
B
Year Built
1986
Price
$1,586,904 CAD
Price Per SF
$408.47 CAD
Cap Rate
7%
NOI
$111,083 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.35 AC
Zoning
CBD
Parking
13 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Bus Line
- Signage
- Tenant Controlled HVAC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Health Care 2539883756
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Health Care 2539883756 | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 513000-1380 | Improvements Assessment | $291,968 CAD |
| Land Assessment | $728,361 CAD | Total Assessment | $1,020,329 CAD |
PROPERTY TAXES
Parcel Number
513000-1380
Land Assessment
$728,361 CAD
Improvements Assessment
$291,968 CAD
Total Assessment
$1,020,329 CAD
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Lakes Plaza | 9124 Gravelly Lake Dr SW
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