4450 10th Ave SE, Lacey, WA
Updated office building with large, dividable floor plates for rent.
- Added:
- Nov 24, 2025
- Days on Market:
- 224
- Last Refresh:
- Jun 29 at 3:11 am
Property Features for 4450 10th Ave SE
General Information
- Standard status
- Active
- Size
- 53,988 SF
- Lot size
- 4.99 Acres
- Property subtype
- OFFICE
Listing office Kidder Mathews (360) 705-0174
Listing date Nov 24, 2025
Source Moodyscre
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 Kidder Mathews
HighLights
- Updated office building in a central Lacey WA location
- Large, dividable floor plates offer flexible space configurations
- Ample parking available
- Walking distance to shopping, grocery, banking, fast food, and professional services
- Large open spaces
- Current tenant in place until July 31, 2024
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.17M | $21.60 |
| − Vacancy | −$228.6k | −$4.23 |
| EGI | $937.6k | $17.37 |
| − OpEx | −$234.4k | −$4.34 |
| NOI | $703.2k | $13.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lacey
- County
- Thurston
- State
- Washington
- Longitude
- -122.827
- Latitude
- 47.0393
