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    FOR SALE
    Office buildings

    4450-4500 10Th Ave SE Lacey, WA 98503

    108,000 SF
    Property ID
    US90-Q010019
    4450-4500 10Th Ave SE, Lacey, WA 98503 For Sale
    $8,500,000 108,000 SF
    4450-4500 10Th Ave SE, Lacey, WA 98503
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    AI-generated overview

    Two Class A office buildings totaling 108,000 SF offered for sale at $8,500,000. Recently renovated and ideally located in the Lacey/Woodland District near I-5 with ample parking and walkable access to shopping, grocery, banking, dining, and professional services. The 54,000 SF building at 4450 is vacant and available for occupancy. The 54,000 SF building at 4500 is leased through July 31, 2029 (tenant: DSHS, with termination option). Current annual income: $1,306,191. Current annual expenses: $409,537

    Property profile
    Verified
    Property type Office buildings
    Total area 108,000 SF
    UPID US90-Q010019
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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