Corporate Campus For
4525 Intelco Loop SE Lacey, WA 98503
For Sale
Contact for pricing
Office property with corporate campus setting available for purchase.
Property Size45,699 SF
Price / SF$258.21
Days on Market1765
Property Features for 4525 Intelco Loop SE
General Information
Standard status
Active
Size
45,699 SF
Property subtype
Office
Building Details
Year Built
2004
Listing Agency:
Premier Commercial NW
Listed By:
Joni Baker · License #77946
Source:
Crexi
Added: Sep 30, 2021
Changed: Jul 6
Last Checked: Jul 29 at 11:59AM
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 Premier Commercial NW
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office property spanning 45,699 square feet. The property is identified as a corporate campus.
Key Highlights
- Corporate campus
- Year built: 2004
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 | $987.1k | $21.60 |
| − Vacancy | −$193.5k | −$4.23 |
| EGI | $793.6k | $17.37 |
| − OpEx | −$198.4k | −$4.34 |
| NOI | $595.2k | $13.02 |
45,699 SF · lease $21.60/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$8.50M
$7.44M – $9.92M
NOI $595,220 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.38M
$11.71M – $15.61M
NOI $936,647 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office property with corporate campus setting available for purchase.
Where is this office building located?
The property is located at 4525 Intelco Loop SE Lacey, WA.
What is the asking price?
The asking price for this property is $11,800,000.
What are key features of this property?
This property features: Corporate campus; Year built: 2004
