Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the former Advance Auto Parts located at 10620 Pacific Hwy SW in Lakewood, Washington. The property consists of an approximately 12,155 square foot retail building situated on a full 1.00-acre parcel, featuring 27 dedicated parking stalls and newer 2017 construction, allowing an investor or user to capitalize on functional existing improvements with minimal near-term capital expenditures. The building is currently vacant following Advance Auto Parts’ departure, creating a compelling opportunity for an owner/user to immediately occupy the space or reposition the asset. The property is strategically located with immediate access to Interstate 5 and State Route 512 and offers direct exposure to approximately 23,600 vehicles per day along Pacific Highway SW, with visibility from I-5 and strong regional accessibility. Zoned C-2, the site allows for a wide range of commercial and retail uses, providing flexibility across multiple end-user profiles including retail, automotive, medical, or service-oriented users. The surrounding trade area is dense, with over 247,000 residents within five miles and average household incomes exceeding $94,000, while proximity to major economic drivers such as Joint Base Lewis-McChord and the Port of Tacoma supports long-term demand fundamentals for the site.