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Former Rite Aid in Lacey
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8230 Martin Way E, Lacey, WA 98516

Former Rite Aid available for lease in Hawks Prairie.

Space Size15,698 SF
Days on Market991

Property Features for 8230 Martin Way E

General Information

Standard status Active
Size 15,698 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 15,698 SF
Tenancy Single

Spaces For Lease

at 8230 Martin Way E Contact us

Available Space

Size
15,698 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Marcus & Millichap - Seattle
Listed By: Michael Horner · License #WA 46944
Source: Crexi
Added: Dec 4, 2023 Changed: Aug 8 Last Checked: Aug 20 at 8:35PM

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 Marcus & Millichap - Seattle

Investment Insights

Based on property information with market context.

This commercial property, formerly a Rite Aid, is available for rent in Hawks Prairie, Lacey. The property offers high visibility, convenient access, ample parking, and a drive-through. It is suitable for retail or commercial use.

Key Highlights

  • Prime Hawks Prairie Lacey location
  • Great visibility
  • Ample parking

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Auto Parts Store HVAC Service Electrical Service Hotel & Motel

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

731
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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mireuk Park, PharmD 8333 Martin Way E, Lacey, WA 98516
  • Nora R. Alejandro, RPH 8333 Martin Way E, Lacey, WA 98516
  • Christie D. Burleson, PHARM 8230 Martin Way E, Lacey, WA 98516
  • Walgreens Pharmacy 8333 Martin Way E, Lacey, WA 98516
  • Geetha Rani Balina 8333 Martin Way E, Lacey, WA 985165808

Frequently Asked Questions

What type of property is this?
Drug store - Former Rite Aid available for lease in Hawks Prairie.
Where is this drug store located?
The property is located at 8230 Martin Way E Lacey, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime Hawks Prairie Lacey location; Great visibility; Ample parking
More about this property
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