4018 Pacific Ave SE - Retail FOR SALE


Lacey, WA 98503- East Olympia
$4,331,000 USD
360-823-5111
4018 Pacific Ave SE, Lacey, WA for Sale
$4,331,000 USD
Retail - FOR SALE
1/7
null | 5.25% Cap Rate

4018 Pacific Ave SE
Lacey, WA 98503
East Olympia


HIGHLIGHTS

  • Co-Tenants such as, 7-Eleven, Chipotle, MOD Pizza and Five Guys Burgers and Fries
  • approximately 71,644 vehicles per day
  • surrounding businesses include, Fred Meyer, Target, Starbucks, Chase Bank, Marshalls and more

OVERVIEW

MAJ Commercial Real Estate is excited to present the opportunity to acquire a Multi-Tenant NNN Lease Investment located in Lacey, WA. The property is leased to Banfield Pet Hospital and ShareTea, which are both on brand new 10-year leases with two options to extend for 5-years. Banfield Pet Hospital and ShareTea are part of Pacific Station, which includes Co-Tenants such as, 7-Eleven, Chipotle, MOD Pizza and Five Guys Burgers and Fries. Pacific Station is ideally located at the intersection of Pacific Ave SE and Sleater Kinney RD SE, which is encompasses approximately 71,644 vehicles per day and just south (0.50 miles) of I-5. Some of the surrounding businesses include, Fred Meyer, Target, Starbucks, Chase Bank, Marshalls and more.

FOR SALE DETAILS

PRICE

$4,331,000 USD

PRICE/SF

$747 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Banfield and ShareTea

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.