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Mixed-Use Project with Medical Anchor
For Sale
Contact for pricing
Pending

2565 Marvin Rd SE, Lacey, WA 98503

Developing commercial project combines retail and office space with an established healthcare presence.

Property SizeContact for details
Days on Market141

Property Features for 2565 Marvin Rd SE

General Information

Standard status Pending
Property subtype Land

Additional Details

Anchor Co-Tenants Providence Medical Center

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Kim Adams · License #WA8585
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 3:10PM

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 Coldwell Banker Commercial Danforth

Investment Insights

Based on property information with market context.

Located at 2565 Marvin Rd SE in Lacey, Washington, this developing mixed-use project brings retail and office uses together in the Hawks Prairie area. An existing 28,500-square-foot Providence Medical Center serves as the principal established component, with the project also accommodating restaurants, a pharmacy, financial services, dental care, and eye care.

The property serves a location with more than 5,500 daytime employees. Thousands of new homes are occupied or under construction within the broader trade area, supporting continued population growth around the crossroads. New and proposed commercial projects nearby are projected to add approximately 1,000 jobs.

Key Highlights

  • Existing 28,500‑square‑foot Providence Medical Center anchors the project
  • Mixed‑use development featuring retail and office components
  • Additional tenant categories include restaurants, pharmacy, financial services, dental, and eye care

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Barber Shop Catering Service Butcher Pet Grooming 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 98503, WA

40,346
Population
18,375
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
3,635
Density / Sq Mi
$87,515
Median Household Income
$47,554
Median Earnings
$1,673
Median Rent
$407,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Developing commercial project combines retail and office space with an established healthcare presence.
Where is this mixed-use property located?
The property is located at 2565 Marvin Rd SE Lacey, WA.
What are key features of this property?
This property features: Existing 28,500‑square‑foot Providence Medical Center anchors the project; Mixed‑use development featuring retail and office components; Additional tenant categories include restaurants, pharmacy, financial services, dental, and eye care
(206) 949-8723 Call to check price and availability
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