Property Details

20401 Mountain Hwy E
Spanaway, WA 98387
$3,390,000
CBA# 715059 courtesy of CBA Listing firm: Northmarq Commercial, LLC

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20401 Mountain Hwy E, Spanaway

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Office / Retail
Property Type
4,465
Bldg Sq Ft
3
Units
6.00%
Cap Rate
2014
Year Built

Property Overview

Granite Ridge Commercial presents a compelling opportunity to acquire a fully leased, 4,465 SF neighborhood retail asset plus 64,401 SF of land parcels situated on a 2.11-acre site at 20401 Mountain Hwy E in Spanaway, Washington. The property offers a dual-value proposition: immediate, stable cash flow from a national tenant base and long-term upside through significant land capacity in a high-growth residential corridor.

Property Details

Property Information

Property Type Commercial Sale
Status Available
County Pierce
Listed Aug 4, 2026

Financial Summary

Cap Rate 6.00%

Building & Use

Building Sq Ft 4,465
Total Units 3
Zoning TCTR
Possible Use Retail,Land
Year Built 2014

Exterior & Lot

Year Built 2014

Location

City Spanaway
County Pierce
Coordinates 47.07140, -122.41800
Listed By
Matthew Herman
Northmarq Commercial, LLC

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