4104 Martin Way E - Retail FOR SALE


Lacey, WA 98516- East Olympia
$4,750,000 USD
206-949-1776
4104 Martin Way E, Lacey, WA for Sale
$4,750,000 USD
Retail - FOR SALE
1/8
null | 5.51% Cap Rate

4104 Martin Way E
Lacey, WA 98516
East Olympia


OVERVIEW

Prime Lacey retail corridor surrounded by major national anchors: Lowe’s, Hobby Lobby, Tractor Supply, Safeway (all within 1 mile). High visibility & access: 160,000+ VPD on I-5 and 25,000+ VPD on Martin Way E; additional exposure from shadow anchors. Fully occupied strip center with strong built-in customer draw. Strong demographics (3-mile radius): 62,000+ population, $67K avg. household income, 38,000+ employees. 15 minutes to the Washington State Capitol, supported by a stable government-employee workforce.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$567 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

HDC-4

APN/PARCEL ID

11817130800

ASK ABOUT THIS PROPERTY

Chong LeeGenesis RealtyMore Info
206-949-1776

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Chong LeeGenesis RealtyMore Info
206-949-1776

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