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6020 PACIFIC AVE SE LACEY WA 98503, LACEY, WA 98503 For Sale

AH
WA 45174
J & Ss Investments Inc
Listed by J & Ss Investments Inc
$4,990,000
1 day on market
Updated 0 days ago
Opportunity zone

Old Lacry Square

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 16,036
Net Rentable (SqFt) 16,036
Units 11
Cap Rate 5.75%
NOI $286,573
Occupancy 100%
Tenancy Multi
Lease Type Net
Class A
Acreage 1.360
Ground Lease No
Sale Condition N/A

Retail | 5.75% CAP | 16,036 SqFt

Marketing description

Prime retail/office commercial building located along one of Lacey’s highest‑traffic corridors. Positioned directly on Pacific Ave SE, the property offers exceptional visibility, strong daily traffic counts, and convenient access to I‑5, Martin Way, and the surrounding retail trade area. The site is surrounded by national retailers and established service businesses, making it an ideal location for an owner‑user, investor, or tenant seeking a high‑exposure location in Thurston County.

The building features a flexible commercial layout, ample on‑site parking, and direct frontage along a major arterial. Zoning supports a wide range of uses including retail, service, medical/dental, professional office, and specialty commercial. With continued growth in the Lacey/Olympia submarket, this property presents a compelling opportunity for repositioning, lease‑up, or long‑term hold.

Investment highlights

6020 Pacific Ave SE offers a high‑visibility commercial building positioned along one of Lacey’s most active arterial corridors. The property features strong frontage, consistent daily traffic, and excellent accessibility to I‑5, Martin Way, and the broader Olympia–Lacey retail trade area. The building’s flexible layout supports a wide range of commercial uses, including retail, service, medical/dental, and professional office.

With ample on‑site parking, prominent signage opportunities, and a location surrounded by national and regional tenants, the property is well‑suited for an owner‑user seeking exposure or an investor pursuing a value‑add lease‑up strategy. Continued growth in the Lacey submarket enhances long‑term demand and stability for this corridor.

Listing Contacts

AH
WA 45174
J & Ss Investments Inc
Listed by J & Ss Investments Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$286,573.00
$23,881.08/mo

Valuation Metrics

0
DSCR
5.74%
Cap Rate
5.74%
ROI

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Additional Information

Name
Andrew Hong
License
45174
Brokerage
Andrew Hong
Brokerage Phone
4254207513
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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