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10222 S Tacoma Way 19,640 SF of Retail Space Available in Lakewood, WA 98499
HIGHLIGHTS
- 10222 S Tacoma Way is a one-story, 19,640-SF storefront offering premium retail space, abundant tenant signage and 3,000 SF of mezzanine space.
- Nestled at the bustling thoroughfare of I-5 and Hwy 512, the prominent tenant signage spaces present profitable opportunities.
- Retail space benefits from nearby tenant synergy via shopping and entertainment at Lakewood Towne Center and other local and national brands.
- Storefront has 160 feet of direct frontage off S Tacoma Way/ Pacific Hwy SW and is situated off exit 127 and I-5, which sees over 165,565 VPD.
- Besides spacious inventory and retail floor space, the asset offers a conveyor belt, exposed high ceilings, and partitioned offices and raised floors.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 19,640 SF | 5-10 Years | $24.00 /SF/YR $2.00 /SF/MO $471,360 /YR $39,280 /MO | Triple Net (NNN) |
1st Floor
The profitable storefront building at 10222 S Tacoma Way is available for lease and offers spacious, open-concept retail space in the Lakewood market. This rare opportunity is in an excellent location at the exit off Interstate 5 and the end of Highway 512 on South Tacoma Way. This enables the asset’s multiple tenant signage opportunities to be seen by 70,000 vehicles directly passing by and up to 165,565 driving by on the neighboring highway and interstate routes. It is in the best intersection in the Tacoma/Lakewood area. 10222 S Tacoma Way is an open-concept building with 160 Feet of Frontage and 120 feet deep. Previously used as a furniture store and a motorcycle apparel and accessories store, previous tenants performed very well and moved on to larger spaces. The spacious showroom is accessible from the front and back and is about 16,200 feet wide. The building offers approximately 6,000 square feet of warehouse, office, break room, and restroom space. An additional 3,000 square feet of mezzanine area is accessible with a conveyor belt and two escalators from both ends of the building. The building has three curb cuts, one on South Tacoma Way and two on Perkins Lane.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
- Partitioned Offices
- Raised Floor
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- Mezzanine available and is about 3000 Square Feet.
- There is an existing conveyor belt.
- There is plenty of parking around the building.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 10222 S TACOMA WAY, LAKEWOOD, WA 98499
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Eagle Leather
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Eagle Leather | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 19,640 SF | Gross Leasable Area | 22,000 SF |
| Property Type | Retail | Year Built/Renovated | 1978/2007 |
| Property Subtype | Freestanding | Parking Ratio | 2/1,000 SF |
| Total Space Available | 19,640 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 22,000 SF |
| Year Built/Renovated | 1978/2007 |
| Parking Ratio | 2/1,000 SF |
ABOUT THE PROPERTY
The profitable storefront building at 10222 S Tacoma Way is available for lease and offers spacious, open-concept retail space in the Lakewood Market. This rare opportunity is in an excellent location at the exit off Interstate 5 and the end of Highway 512 on South Tacoma Way. This enables the asset’s multiple tenant signage opportunities to be seen by 70,000 vehicles directly passing by and up to 165,565 driving by on the neighboring highway and interstate routes. It is in the best intersection in the Tacoma/Lakewood area. 10222 S Tacoma Way is a 100-foot-deep, open-concept building with 160 feet of frontage. Previously used as a furniture store and a motorcycle apparel and accessories store, previous tenants performed well and moved on to larger spaces. The spacious showroom is accessible from the front and back and is about 160 feet wide. The building offers approximately 6,000 square feet of warehouse, office, break room, and restroom space. An additional 3,000 square feet of mezzanine area is accessible with a conveyor belt on one side and two escalators from both ends of the building. The building has three curb cuts, one on South Tacoma Way and two on Perkins Lane. Residents and consumers of Lakewood enjoy all the local and national retailers offered in the waterfront metropolis. In proximity to 10222 S Tacoma Way, tenant synergy is seen via the shops and entertainment at Lakewood Towne Center, such as Target, Barnes & Noble, Marshalls, Panera Bread, AMC Lakewood, Catapult Adventure Park, and more. Other surrounding local establishments include the Black Bear Diner, Macau Casino, and the Lakewood Gardens. Between the gorgeous flowers, sparkling lakes, and views of Mount Rainier and Puget Sound, the city of Lakewood offers ample amenities. Brands and owners greatly benefit by bringing companies to the Seattle/ Puget Sound Market, as showcased by the local demographics of the thriving area. The current 5-mile radius encompassing 10222 S Tacoma Way reports a population count of nearly 106,410 with a correlating average household income of $74,203. Aligning with the storefront’s capabilities, 8,260 employees hold daytime occupations in the overall Tacoma area, with a total of 85,278 employees between goods-producing and service-producing industries. Book a tour today and see why 10222 S Tacoma Way is the perfect place for your business to call home.
- Bus Line
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Raised Floor
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
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10222 S Tacoma Way
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