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    8205 Martin Way E Lacey, WA 98516

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    For Lease
    $21 SF/Yr ($2,677 /Mo)

    Retail space available in Lacey's retail core.

    Property size:
    1,530 SF
    Lot size:
    5.26 Acres

    Property Features for 8205 Martin Way E

    General Information

    Size
    1,530 SF
    Lot size
    5.26 Acres

    Source: BHGRE Commercial Premier NW Agent Joni Baker

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

    Overview

    Retail Space in Lacey Core

    This retail space is located in a grocery-anchored neighborhood center with a strong national tenant lineup, including Grocery Outlet, Jack In The Box, JP Morgan Chase, Subway, H&R Block, and Allstate. Situated at the corner of Martin Way and Marvin Rd in Hawks Prairie, it lies in the heart of Lacey's retail core, one block south of the I-5 diamond interchange. The location benefits from high traffic counts of over 44,600 vehicles daily. The available space, formerly a College Cleaners, is located next to Happy Teriyaki and offers 1,530 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.7664031
    Latitude
    47.0554047

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in Lacey's retail core.
    Where is this strip mall located?
    The property is located at 8205 Martin Way E Lacey, WA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Grocery anchored neighborhood center with a strong national tenant lineup including Grocery Outlet, Jack In The Box and JP Morgan Chase.; - Located in Hawks Prairie, the heart of Lacey’s retail core, at the corner of Martin Way and Marvin Rd.; - High daily traffic counts of 44,600+.
    (360) 943-9922
    Request Owner's contact information
    8205 Martin Way E 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
    8205 Martin Way E Lacey, WA 98516
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