4004 Pacific SE Ave, Lacey, WA 98503-1111
This exceptional 29,380 square foot retail property, located at 4004 Pacific Ave SE in Lacey, Washington, presents a unique investment opportunity. The property boasts a single-tenant occupancy and sits on a 29,380 square foot lot (APN 1, Thurston County). Its prime location offers unparalleled visibility and accessibility. Situated in a highly desirable retail area, the property benefits from a significant daily traffic volume of 65,000 vehicles. This strategic location provides direct access to Interstate 5 and the Sleater-Kinney interchange, ensuring high traffic flow and excellent exposure for any business. The property offers four convenient points of access via Pacific Avenue, Sleater-Kinney Road, and 8th Street, maximizing convenience for customers and employees. The entire 29,380 square feet of space is currently vacant, providing a blank canvas for a new tenant or a redevelopment project. The zip code is 98503. This property is an ideal choice for businesses seeking a high-traffic location with excellent visibility and accessibility in a thriving retail market. The property's size and location make it suitable for a variety of retail uses. This is a rare opportunity to acquire a significant retail space in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.