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    1200 Galaxy Dr Lacey, WA 98516

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    For Lease
    $42 SF/Yr ($4,231 /Mo)

    New retail space in Lacey's premier shopping center.

    Property size:
    1,209 SF
    Lot size:
    3.47 Acres

    Property Features for 1200 Galaxy Dr

    General Information

    Size
    1,209 SF
    Lot size
    3.47 Acres

    Source: First Western Properties - Tacoma, Inc. Agent Patric Grissom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Lacey Corridor

    New retail space is under construction, scheduled for completion in 2025. This space is located in a premier retail shopping center situated in the heart of the Lacey retail corridor. The property offers excellent visibility and signage options. Neighboring tenants include Walmart, Big 5, Safeway, and Big Lots. Current tenants in the shopping center include LA Fitness, Red Robin, Comfort Dental, Popeyes, Mattress Depot USA, Kiddie Academy, Navy Federal, Pho Hoa, Sprint, Game Stop, and Dominos. The property offers 1209 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hawks Prairie Village Mall, Seattle’s Best Coffee Kiosk, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, freedom point plaza

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.76817
    Latitude
    47.0581137

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    FAQs

    What type of property is this?
    Shopping center - New retail space in Lacey's premier shopping center.
    Where is this shopping center located?
    The property is located at 1200 Galaxy Dr Lacey, WA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: - Premier retail shopping center location in the heart of the Lacey retail corridor.; - New construction scheduled for completion in 2025.; - Excellent visibility and signage options.
    (253) 284-3635
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    1200 Galaxy Dr Lacey, WA 98516
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    Lacey, WA 98516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Galaxy Dr Lacey, WA 98516
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