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3106-3110 Sumner Tapps Hwy E
Lake Tapps, WA 98391
Asking Price
$5.60M
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 16,432 SqFt <ul><li>Located on busy Sumner Tapps Highway in Lake Tapps, this property offers strong visibility, steady traffic, and access to a growing surrounding community, making it an excellent investment opportunity.</li><li>Featuring two buildings on-site, this property provides versatile opportunities for a variety of retail, office, or service-based tenants, appealing to diverse business needs in the area.</li><li>Lake Tapps continues to see strong residential growth, high household incomes, and
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NOI
$80,000
Cap Rate
1.43%
DSCR
0.24
Underwater
Cash-on-Cash
-15.03%
Monthly Payment
$27,705.745
Annual Cash Flow
$-252,468.934