20401 Mountain Hwy E
Spanaway WA 98387

20401 Mountain Highway E

20401 Mountain Hwy E Spanaway WA 98387

Listing #: 715059 | Status: Available | Last Modified: 7/8/2026 |

For Sale
Matthew Herman
  • Phone:(206) 790-5505
  • Email:mherman@northmarq.com
  • Office Name:Northmarq Commercial, LLC
  • Office Phone:(206) 693-2239
  • Office Website:
Raymond Vara
Joe Dugoni
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Granite Ridge primary photo.jpg
Price Information
  • Listing Price$ 3,390,000.0
  • $/SF$ 759.2
  • $/lot sf$ 36.9
  • Listing StatusAvailable
  • Days on Market2
  • Asset ClassRetail, Land
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.40 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Topography
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units3
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4465
  • Net Rentable Area4465
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF91912
  • Acres2.11
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaSpanaway
  • Tax ID #5004380010
  • Additional Parcels5004930050, 5004930060, 5004930070
  • ZoningTCTR
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces52
  • Total Parking Spots52
  • Parking Ratio
Construction
  • Year Built2014
  • Year Renovated
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction TypeFramed, Wood

Granite Ridge Commercial

Public Comments

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.

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