2600 Willamette Dr NE - Warehouse FOR SALE


Lacey, WA 98516- East Olympia
$4,050,000 USD
206-584-6195
2600 Willamette Dr NE, Lacey, WA for Sale
$4,050,000 USD
Warehouse - FOR SALE
1/3
null | 6.76% Cap Rate

2600 Willamette Dr NE
Lacey, WA 98516
East Olympia


HIGHLIGHTS

  • FULLY LEASED WITH PROVEN TENANT COMMITMENT
  • STRATEGIC I-5 LOGISTICS CORRIDOR
  • EXCEPTIONAL ASSET MAINTENANCE
  • FUNCTIONAL CONCRETE TILT CONSTRUCTION
  • HIGH BARRIER TO ENTRY MARKET
  • ROBUST DEMOGRAPHICS AND LABOR POOL

OVERVIEW

Team Vara presents the investment offering of 2600 Willamette Dr NE in Lacey, WA as a stabilized industrial investment opportunity. Situated just minutes from I-5, the property benefits from excellent regional connectivity between Seattle, Tacoma, and Portland, making it well suited for last-mile distribution and light manufacturing serving the broader Pacific Northwest. The building’s functional industrial design, convenient truck access, and proximity to major transportation corridors position the asset to meet sustained demand from logistics, e-commerce, and service-oriented industrial tenants. The property represents an opportunity to acquire a fully leased industrial asset in a supply-constrained market with favorable long-term fundamentals, offering both stable cash flow potential and upside through continued market rent growth.

FOR SALE DETAILS

PRICE

$4,050,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2600 Willamette Dr NE

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

8

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.91

LAND SF

83,200

ZONING

LI

APN/PARCEL ID

58070000100

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.