Property Details

10240 Bridgeport Way SW
Lakewood, WA 98499
$10,250,000
CBA# 707316 courtesy of CBA Listing firm: Westlake Associates, Inc.

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10240 Bridgeport Way SW, Lakewood

1 / 40
Office / Retail
Property Type
48,577
Bldg Sq Ft
50
Units
5.00%
Cap Rate
2005
Year Built

Property Overview

Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an o

Property Details

Property Information

Property Type Commercial Sale
Status Available
County Pierce
Listed Apr 15, 2026

Financial Summary

Cap Rate 5.00%

Building & Use

Building Sq Ft 48,577
Leasable Area 48,214 sqft
Total Units 50
Zoning NC2
Possible Use Retail,Multi-Family
Year Built 2005

Exterior & Lot

Year Built 2005

Location

City Lakewood
County Pierce
Coordinates 47.16380, -122.50700
Listed By
Reid Jones
Westlake Associates, Inc.

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