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This Retail Property is no longer advertised on LoopNet.com.
19918 Mountain Hwy E
Spanaway, WA 98387
Valvoline · Retail Property For Sale

Investment Highlights
- 2025 construction, operating on a 15-year absolute net corporate ground lease.
- Located on Mountain Hwy E, a primary retail corridor that connects Spanaway to Tacoma and sees over 24,000 vehicles per day.
- Since 2022, over 450 multifamily units have been constructed within three blocks of the Property, including Gateway by Vintage.
- 10% rental increases every five years, including each of the four, five-year option periods.
- The population within a 3-mile radius of the Property has increased by nearly 40% since 2010, with an average household income of $115,000.
- The Property is one block away from a Walmart Supercenter, which sees 2.4M annual visitors (per Placer.ai).
Property Facts
Property Type
Retail
Property Subtype
Retail
Building Size
1,664 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.97 AC
Zoning
TCTR - Commercial
Parking
8 Spaces (2.68 Spaces per 1,000 SF Leased)
Frontage
149’ on Mountain Highway East
Property Taxes
| Parcel Number | 031804-4107 | Improvements Assessment | $15,100 |
| Land Assessment | $842,900 | Total Assessment | $858,000 |
Property Taxes
Parcel Number
031804-4107
Land Assessment
$842,900
Improvements Assessment
$15,100
Total Assessment
$858,000
Listing ID: 35938589
Date on Market: 5/21/2025
Last Updated:
Address: 19918 Mountain Hwy E, Spanaway, WA 98387
The Retail Property at 19918 Mountain Hwy E, Spanaway, WA 98387 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
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