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NNN Leased Investment Opportunity
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4018 Pacific Ave SE, Lacey, WA

Multi-tenant property with long-term leases in Lacey, WA.

Property SizeContact for details
Lot Size0.59 Acres
Days on Market557

Property Features for 4018 Pacific Ave SE

General Information

Standard status Active
Lot size 0.59 Acres
Property subtype RETAIL
Listing Agency: MAJ Commercial Real Estate
Listed By: Brandi Ho
Source: Moodyscre
Added: Feb 1, 2025 Changed: Aug 8 Last Checked: Jun 26 at 9:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAJ Commercial Real Estate

Investment Insights

Based on property information with market context.

This multi-tenant NNN lease investment opportunity is located in Lacey, WA. The property is leased to Banfield Pet Hospital and ShareTea, both operating under new 10-year leases with two 5-year extension options. As part of Pacific Station, the property shares the location with 7-Eleven, Chipotle, MOD Pizza, and Five Guys Burgers and Fries. Pacific Station is positioned at the intersection of Pacific Ave SE and Sleater Kinney RD SE, with a traffic volume of approximately 71,644 vehicles per day. It is located just south (0.50 miles) of I-5. The surrounding businesses include Fred Meyer, Target, Starbucks, Chase Bank, and Marshalls.

Key Highlights

  • Multi‑Tenant NNN Lease Investment offering long‑term, stable income.
  • Leased to nationally recognized tenants: Banfield Pet Hospital and ShareTea.
  • Brand new 10‑year leases with two 5‑year extension options.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,944
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant property with long-term leases in Lacey, WA.
Where is this shopping center located?
The property is located at 4018 Pacific Ave SE Lacey, WA.
What is the asking price?
The asking price for this property is $4,331,000.
What are key features of this property?
This property features: Multi‑Tenant NNN Lease Investment offering long‑term, stable income.; Leased to nationally recognized tenants: **Banfield Pet Hospital and ShareTea**.; Brand new 10‑year leases with two 5‑year extension options.
(360) 823-5112 Call to check price and availability
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