3106 - 3110 Sumner Tapps Hwy E
Lake Tapps WA 98391
3106 - 3110 Sumner Tapps Highway E
3106 - 3110 Sumner Tapps Hwy E Lake Tapps WA 98391
Listing #: 713765 | Status: Available | Last Modified: 6/4/2026 |
For Sale
- Phone:(253) 230-8715
- Email:josh@firstwesternproperties.com
- Office Name:First Western Properties - Tacoma, Inc.
- Office Phone:(253) 472-0404
- Office Website:
- Agent Phone:(253) 880-2462
- Agent Email:Jfors@firstwesternproperties.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,600,000.0
- $/SF$ 340.8
- Listing StatusAvailable
- Days on Market6
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 3.25 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF16432
- Net Rentable Area16432
- Total Office SF
- Largest Contiguous SF
- Lot SF289670
- Acres6.65
- Property TypeRetail
- Office Type
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaBonney Lake
- Tax ID #0520083035
- Additional Parcels
- ZoningNeighborhood Center
- Year Built1999
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Forest Canyon - Lake Tapps
The Forest Canyon retail property is 16,432 SF and 40% of the tenants are well under the market rents. This strong neighborhood retail property is well positioned for growth and stability with very little retail competition. Lake Tapps is a high end demographic market with incomes over $200,000 within 1 mile of the property. The tenant mix includes a mix of a sit down restaurant, dentist and service uses.