Lacey WA Retail

LACEY, WA

MAJ COMMERCIAL REAL ESTATE

MAJ Commercial Real Estate is pleased to offer the opportunity to either purchase or ground lease a ±29,380 SF pad site in Lacey, WA.

Strategically positioned within the Pacific Station Shopping Center, this site benefits from strong co-tenancy including 7-Eleven, Chipotle, Five Guys, Banfield Pet Hospital, and ShareTea. Located at the high-traffic intersection of Pacific Ave SE and Sleater Kinney Road (±71,644 VPD), the property sits just ±0.42 miles south of the I-5 interchange— offering excellent accessibility and visibility.

Surrounding national retailers include Fred Meyer, Kohl’s, Target, Starbucks, Michael’s, Chase Bank, and more—making this an ideal location for retail, medical, or QSR users seeking strong demographics and established foot traffic.

CONTACTS

BLAKE D. FEDERINKO

 360.823.5111

 Blake@MAJCRE.com

BRANDI M. HO

 360.823.5112

 Brandi@MAJCRE.com

MICHAEL A. JENKINS

 360.823.5102

 Mike@MAJCRE.com

PROPERTY ADDRESS: Lacey WA

PARCEL SIZE: Approximately 29,380 SF

SALE PRICE: $1,595,000

LEASE TYPE: Ground Lease

LEASE RATE: $115,000 Annually

TERM: Negotiable

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LOCATION OVERVIEW

Lacey, Washington

Lacey, Washington, is a rapidly growing city in Thurston County, with a 2019 population of 53,526. Known for its sustainability efforts, it features numerous parks, nature preserves, and recreational facilities. The city is home to Saint Martin’s University and serves as a gateway to the Nisqually National Wildlife Refuge, offering abundant outdoor activities and wildlife observation.

Located just east of Olympia, Lacey is part of the Olympia-Tumwater-Lacey metro area, with convenient access to Seattle and Portland via I-5. The city includes neighborhoods like Hawks Prairie and Woodland District and borders Puget Sound, providing scenic waterfront views. Covering 16.51 square miles, Lacey’s proximity to Mount Rainier and the Cascade Mountains makes it a desirable location for nature lovers.