4018 Pacific Avenue SE, Lacey, WA 98503
Two brand-name tenants with new 10-year NNN leases support a hands-off, multi-tenant investment structure.
- Added:
- Dec 31, 2024
- Days on Market:
- 524
- Last Refresh:
- Jun 5 at 2:16 am
Property Features for 4018 Pacific Avenue SE
General Information
- Standard status
- Active
- Size
- 5,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing office MAJ Commercial Real Estate
Listing date Dec 31, 2024
Source Century21northhomes
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
HighLights
- Multi‑tenant NNN lease investment in Lacey, WA leased to Banfield Pet Hospital and ShareTea
- Both tenants are on new 10‑year leases with two 5‑year options to extend
- Property is part of Pacific Station at the intersection of Pacific Ave SE and Sleater Kinney RD SE
- Pacific Station is approximately 0.50 miles south of I‑5 (about 71,644 vehicles per day)
- Pacific Station co‑tenants include 7‑Eleven, Chipotle, MOD Pizza, and Five Guys Burgers and Fries
Overview
The property is located at 4018 Pacific Avenue SE in Lacey, Washington, within Pacific Station. Pacific Station is situated at the intersection of Pacific Ave SE and Sleater Kinney RD SE, approximately 0.50 miles south of I-5, with traffic in the area reported at about 71,644 vehicles per day. The center is described as including major co-tenants such as 7-Eleven, Chipotle, MOD Pizza, and Five Guys Burgers and Fries, with additional surrounding retailers including Fred Meyer, Target, Starbucks, Chase Bank, and Marshalls.
For buyers seeking a multi-tenant NNN investment, the combination of two active operators and brand new 10-year lease terms with extension options provides a straightforward leasing structure. The tenant mix within Pacific Station also supports day-to-day consumer traffic from nearby national and regional retailers.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lacey
- County
- Thurston
- State
- Washington
- Longitude
- -122.8350939
- Latitude
- 47.0399331
