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JRJeff ReynoldsCompass · Seattle
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Listed by Hae Kyoung Cho, Best Choice Realty LLC

Commercial Industrial
Type
1962
Year built
202,990 sq ft
Lot
0
Days on market

About this property

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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2591309
Listed
October 5, 2026
Days on market
0

Parking

Total spaces
214

Construction

Year built
1962
Style
75 - Retail
Structure
Retail

Lot

Lot size
202,990 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

What stands out to you?

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  • Retail
  • Cash
  • Conventional
  • Public
  • Sewer Connected

Listing history

  1. Listed

    $11,000,000

    October 5, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$64,055

Principal & interest
$55,622
Property tax (est.)
$8,433

Assumes $2,200,000 down (20%), a $8,800,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Based on information submitted to the MLS GRID as of October 5, 2026 at 10:00 PM PDT. 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.