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2534483658
Real Estate Company
7131 Martin Way E, Olympia, WA 98516
- $11,000,000
Listing Broker: Best Choice Realty LLC; Hae Kyoung Cho; 425-761-1469; harah08@gmail.com
- List Price
- $11,000,000
- Status
- ACTIVE
- MLS#
- 2591309
- Days on Market
- 1
Property Description
Excellent opportunity to acquire Lacey Urban Center, a well-established multi-tenant retail center located along the highly traveled Martin Way E corridor. The property features approximately 44,603 SF of building area on approximately 4.66 acres with 214 parking spaces. Currently 100% occupied with a diverse mix of restaurant, retail, service, and professional tenants. Strong visibility, convenient access, ample parking, and established surrounding residential and commercial development make this a highly desirable investment property. Conveniently located near I-5, JBLM, Hawks Prairie, and major retail and employment centers. Please do not disturb tenants. Showings by appointment only.
Additional Information
- Community
- Tanglewilde
- Style
- 75 - Retail
- Year Built
- 1962
- # of Assigned Spaces
- 214
- Potential Terms
- Cash, Conventional
- Driving Directions
- From I-5, take Exit 111 toward Marvin Rd. Head south on Marvin Rd, then west on Martin Way E. Property is located on Martin Way E at Lacey Urban Center.
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.