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Refurbished Industrial Flex Building
For Lease
Contact for pricing

8575 Commerce Place Dr NE, Lacey, WA 98516

Multiple divisible warehouse and office suites include heavy power, secured outdoor storage potential, and refurbished interiors.

Space Size81,680 SF
Days on Market225

Property Features for 8575 Commerce Place Dr NE

General Information

Standard status Active
Size 81,680 SF
Property subtype INDUSTRIAL

Additional Details

Heavy Power Yes

Spaces For Lease

at 8575 Commerce Place Dr NE
8575 Commerce Place Drive NE AVAILABLE
Floor 1
Size 81,680 SF
Type INDUSTRIAL
Rate Contact for pricing
Lease Type NNN
Opportunity for single user of 81,680 SF or as small as 4,950 SF. Suite A2, 4,950 SF with a brand new restroom; Suite A, 44,000 SF with approximately 1,800 SF of two story office. Recently 100% refurbished with new ceiling tiles, polished floors, updated restroom, white painted warehouse walls throughout. Suite B, occupied until August 2026. Building has heavy power at approximately 1,500 Amps, 3-phase, 480. Mezzanine space is one open room with dropped ceiling, ready for new flooring. Building can be secured by fencing, creating area for outdoor storage.
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Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Vanessa Herzog, SIOR, CCIM
Source: Moodyscre
Added: Mar 20 Changed: Oct 26 Last Checked: Oct 28 at 5:27AM

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 Lee & Associates Commercial Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This refurbished industrial flex building offers options for a single user or smaller tenants, with suites available from approximately 4,950 SF up to 81,680 SF. Suite A includes approximately 44,000 SF with about 1,800 SF of two-story office space, and it was recently 100% refurbished with new ceiling tiles, polished floors, updated restrooms, and white painted warehouse walls throughout. Suite A2 is approximately 4,950 SF and includes a brand new restroom. Suite B is currently occupied and scheduled to be available until August 2026.

The building is supported by heavy power estimated at approximately 1,500 amps, 3-phase, 480. A mezzanine level is provided as one open room with a dropped ceiling and is ready for new flooring. For operations requiring space outside, the property can be secured by fencing to create an area for outdoor storage.

Key Highlights

  • Single‑user warehouse opportunity up to 81,680 SF or divisible down to 4,950 SF
  • Suite A2 offers 4,950 SF with a brand‑new restroom
  • Suite A provides 44,000 SF plus approximately 1,800 SF of two‑story office; recently 100% refurbished

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Hair Salon Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage

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

Yes
Heavy power
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

301
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 - Multiple divisible warehouse and office suites include heavy power, secured outdoor storage potential, and refurbished interiors.
Where is this flex space located?
The property is located at 8575 Commerce Place Dr NE Lacey, WA.
What are key features of this property?
This property features: Single‑user warehouse opportunity up to 81,680 SF or divisible down to 4,950 SF; Suite A2 offers 4,950 SF with a brand‑new restroom; Suite A provides 44,000 SF plus approximately 1,800 SF of two‑story office; recently 100% refurbished
(253) 279-7831 Call to check price and availability
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