Prepared by https://www.commercialmls.com
10240 Bridgeport Way SW Lakewood WA 98499
Listing #: 707316 | Status: Available | Last Modified: 4/15/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 1,039,676 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 396,962 |
| Net Operating Income | 590,730 |
| CAP Rate | 6.27 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Financial Summary | |
|---|---|
| CAP Rate | 6.270 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 2 |
| # of Floors | 3 |
| # of Units | 50 |
| # of Elevators | 1 |
| A/C | Yes |
| Total Building SF | 48,577 SF |
| Net Rentable Area | 47,872 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 59,713 SF |
| Acres | 1.37 |
| Year Built | 2005 |
| Year Renovated | 2017 |
| Construction Type | Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | Pierce |
| Location Description | Just south of Lakewood Towne Center Mall |
| Cross Street | Filbert and Bridgeport Way SW |
| Market Area | Lakewood |
| Tax ID # | 5400000541 |
| Zoning | NC2 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 67 |
| Total Parking Spots | 67 |
Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an o
37 apartment units and 9 commercial spaces.
Mixed Use
10240 Bridgeport Way
10240 Bridgeport Way SW Lakewood WA 98499
Listing #: 707316 | Status: Available | Listing Date: 1/20/2026 | Last Modified: 4/15/2026 | Email Listing






































