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Off Market
1/14

909 Sleater Kinney Rd SE
Lacey, WA 98503


HIGHLIGHTS

  • Occupancy: 65%
  • Shadow anchored by Fred Meyer, Kohl’s, Target, Albertsons, Ross, PetSmart, Michael’s, Hobby Lobby, Safeway, and Lowe’s
  • The property has direct access to Interstate-5 and the Sleater-Kinney interchange
  • New roof

OVERVIEW

The Landing at Sleater Kinney is a true value-add opportunity where one can find immediate upside by leasing the vacant suites and increasing the existing rents to rates which are closer to market. There is no value being placed on suites 10, 12 and 15 which represents 6,200 SF of leaseable area and future growth to the NOI. Seller will guaranty the rent on suite 4040 which is the structure on the hard corner at $18.00/psf NNN for 1 year. The shopping center is set directly on the intersection of Sleater Kinney & Pacific Ave. which is the most desirable retail setting in the surrounding marketplace. *CLICK LINK ON SALE SUMMARY TO ACCESS FULL OM WITH FINANCIALS* (CA Required)

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

STATUS

Demolished

BUILDING DETAILS

PROPERTY NAME

The Landing at Sleater Kinney

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

24551

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

65103300400,65103300500,65103302000,65103302001