Listing Agency: Kidder Mathews Seattle d***@kidder.com Show Phone

Listed By: David Gellner · License #WA 112893

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 5:10AM

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Investment Insights

Based on property information with market context.

This for-sale retail space is identified with the Jimmy John's brand and contains 1,436 square feet. The property is located at 5510 Corporate Center Ln SE in Lacey, Washington.

The offering reflects a 5.00% CAP rate and is positioned within the Corporate Center area of Lacey.

Key Highlights

• 1,436 SF retail space
• 5.00% CAP rate
• 5510 Corporate Center Ln SE, Lacey, WA 98503

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Building Supply Law Firm Restaurant Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

578

Businesses Nearby

Explore this area Business Placement

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 Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space associated with the Jimmy John's brand in Lacey, Washington.

Where is this retail space located?

The property is located at 5510 Corporate Center Ln SE Lacey, WA.

What are key features of this property?

This property features: 1,436 SF retail space; 5.00% CAP rate; 5510 Corporate Center Ln SE, Lacey, WA 98503