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Versatile Industrial Space in Lacey
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7940 29th Ave NE, Lacey, WA 98516

Modern industrial suite suitable for retail, office, warehouse, and light industrial.

Space Size1,888 SF
Days on Market249

Property Features for 7940 29th Ave NE

General Information

Standard status Active
Size 1,888 SF
Property subtype INDUSTRIAL
Lease Type Modified Gross

Spaces For Lease

at 7940 29th Ave NE
Suite 118 - For Lease $2,600/Mo
Size 1,888 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Availability AVAILABLE
Suite 118 at Hawks Hub offers a modern, small-bay industrial space designed to support a wide range of retail, office, warehouse, and light industrial uses. Located within the highly desirable Hawks Prairie Industrial Park, this suite combines functionality, flexibility, and strong accessibility in a growing commercial corridor. -One 14’ x 14’ overhead door(s). -20’ Eave Height, 200 AMP 3 Phase 120/208 volt power. -99 shared parking stalls on site. -Zoned LI, (Light Industrial). -Occupancy: Mixed Use B, M, S-1, F-1. -Heated with a gas unit heater.
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Listing Agency: The Rants Group
Listed By: Ian Zarosinski · License #139333
Source: Moodyscre
Added: Feb 12 Changed: Oct 11 Last Checked: Oct 16 at 9:48AM

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 The Rants Group

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Investment Insights

Based on property information with market context.

Suite 118 at Hawks Hub provides a modern, small-bay industrial space designed to accommodate a variety of retail, office, warehouse, and light industrial operations. Situated in the Hawks Prairie Industrial Park, this suite offers functionality, flexibility, and accessibility within a growing commercial area. The space includes one 14’ x 14’ overhead door and features a 20’ eave height. It is equipped with 200 AMP 3 Phase 120/208 volt power and heated with a gas unit heater. The property is zoned LI (Light Industrial) and has a mixed-use occupancy designation of B, M, S-1, and F-1. There are 99 shared parking stalls available on site.

Key Highlights

  • Modern, flexible industrial space suitable for retail, office, warehouse, and light industrial uses.
  • Located in the highly desirable Hawks Prairie Industrial Park.
  • One 14’ x 14’ overhead door.

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Law Firm Hair Salon Barber Shop

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

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98516, WA

29,443
Population
11,600
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,022
Density / Sq Mi
$92,191
Median Household Income
$52,188
Median Earnings
$1,948
Median Rent
$528,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Modern industrial suite suitable for retail, office, warehouse, and light industrial.
Where is this flex space located?
The property is located at 7940 29th Ave NE Lacey, WA.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: Modern, flexible industrial space suitable for retail, office, warehouse, and light industrial uses.; Located in the highly desirable Hawks Prairie Industrial Park.; One 14’ x 14’ overhead door.
(360) 800-5808 Call to check price and availability
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