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Flex Space with Overhead Door
For Lease
Contact for pricing
Pending

7940 29th Ave NE, Lacey, WA 98516

Modern small-bay flex space with light industrial zoning, shared parking, and heated interior space.

Property Size1,888 SF
Days on Market170

Property Features for 7940 29th Ave NE

General Information

Standard status Pending
Size 1,888 SF
Total Parking Spaces 99
Property subtype INDUSTRIAL
Zoning LI
Lease Type SF/mo

Warehouse & Industrial

Power 200 amps
Voltage 208 V
Three-Phase Power Yes
Listing Agency: The Rants Group
Listed By: Ian Zarosinski · License #139333
Source: Moodyscre
Added: Feb 12 Changed: Jul 31 Last Checked: Aug 1 at 1:48PM

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

Investment Insights

Based on property information with market context.

Suite 118 is a 1,888-square-foot small-bay flex space at Hawks Hub, configured for retail, office, warehouse, and light industrial uses. The suite includes a 14' x 14' overhead door, 20' eave height, 200 AMP 3 Phase 120/208 volt power, and heating from a gas unit heater. The property is zoned LI, or Light Industrial, with occupancy classifications of Mixed Use B, M, S-1, and F-1.

Located at 7940 29th Ave NE in Lacey, the suite provides access to 99 shared parking stalls on site. Its combination of warehouse-oriented features, power capacity, and flexible occupancy classifications supports a range of commercial uses within Hawks Prairie Industrial Park.

Key Highlights

  • 1,888‑square‑foot Suite 118 at Hawks Hub
  • 14' x 14' overhead door
  • 20' eave height

Property Analytics

Current Use

Flex space

Suggested Use

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

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Modern small-bay flex space with light industrial zoning, shared parking, and heated interior space.
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: 1,888‑square‑foot Suite 118 at Hawks Hub; 14' x 14' overhead door; 20' eave height
(360) 800-5808 Call to check price and availability
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