11701 Bridgeport Way Southwest

Lakewood, WA 98499

Listing ID: 245836

$3,350,000

For Sale

Property Type Retail : Food Service
Lot Size Acres 0.379
Building Sq Ft 13,529
Building Price per Sq Ft $247.62
Land Sq Ft 16,500
Land Price per Sq Ft $203.03

11701 Bridgeport Way Southwest Lakewood, WA 98499 - main image

Description

The offering consists of two retail buildings on separate tax parcels. The Church’s Chicken building features a highly sought-after drive-thru situated on 16,500 SF of land. Church’s Chicken recently signed a new 10-year Absolute NNN lease, showing their commitment to the site. The Asian Market building consists of nearly 9,794 SF of retail leased to 6 different tenants with a long history at the site.

Attachments & Files

11701-11717bridgeportwayswkg052621-ELW-18Q.pdf

Listing Demographics for 11701 Bridgeport Way Southwest Lakewood, WA 98499

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		11,144	79,953	214,761
Population Median Age		37	36	37
Population by Age	0-9 Yrs	1664 (14%)	11632 (14%)	30215 (14%)
	10-19 Yrs	1107 (9%)	8641 (10%)	23949 (11%)
	20-29 Yrs	2219 (19%)	15022 (18%)	39700 (18%)
	30-39 Yrs	1567 (14%)	11821 (14%)	31295 (14%)
	40-49 Yrs	1070 (9%)	8388 (10%)	23657 (11%)
	50-59 Yrs	1297 (11%)	8773 (10%)	25379 (11%)
	60-69 Yrs	1152 (10%)	8896 (11%)	22456 (10%)
	70+ Yrs	1068 (9%)	6781 (8%)	18111 (8%)

Median HH Income		$36,729	$50,896	$56,693
Total Household Income	< 24K	1326 (28%)	6652 (21%)	15175 (18%)
	25-49K	1691 (36%)	8610 (27%)	20101 (24%)
	50-74K	690 (14%)	6424 (20%)	17029 (21%)
	75-99K	376 (8%)	3638 (11%)	10697 (13%)
	100-199K	525 (11%)	4745 (15%)	14945 (18%)
	200K+	67 (1%)	1007 (3%)	2900 (3%)

Highest Education Level	No Diploma	1164	6831	16550
	Diploma or GED	2611	15957	41371
	Some College	1690	12944	36105
	Assoc. Degree	696	6113	16469
	Bachelors Degree	829	7089	21640
	Higher Degree	336	3473	9690

Total Housing Units		5,074	33,620	87,225
--Owner-Occupied		1,277	12,620	38,506
--Renter-Occupied		3,397	18,457	42,341
Owner-Occupied Values	< 100K	107	1255	2579
	100-199K	308	2860	8926
	200-299K	384	4518	13717
	300-399K	311	2024	7544
	400-499K	42	645	2710
	500K+	124	1319	3030

Total Working Age Population		8,683	63,297	170,523
In Work Force		5,320	40,257	109,456
Not In Work Force		3,364	23,040	61,067
Workforce Employed		4,545	35,325	96,224
Workforce Unemployed		482	2,545	5,961
Civlian Workforce		5,027	37,870	102,184
Military Workforce		292	2,386	7,272

Total Households		4,674	31,076	80,847
Family Households		2,730	19,278	51,940
Non-Family Households		1,944	11,799	28,908
Married Couple		1,583	12,929	35,752
Other Family		1,147	6,349	16,188
Married w/Child		524	4,823	14,463
Single Male w/Child		181	834	2,223
Single Female w/Child		630	2,835	6,825

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Washington	5,894,121	+14	6,724,540	+14	7,638,415	+11	8,503,178
King County	1,737,034	+11	1,931,249	+16	2,231,408	+11	2,474,625
Pierce County	700,820	+13	795,225	+13	901,251	+11	1,002,412
Thurston County	207,355	+22	252,264	+17	294,333	+14	335,965

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.