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Highlights

  • Former restaurant and daycare space with a kitchen area and a raised dance floor, ideal for a restaurant, daycare, retail, office, or health services.
  • Surrounded by retailers, restaurants, schools, churches, and parks, with walkable access to Huntamer Park and seasonal community events.
  • Prime Pacific Avenue SE location near Interstate 5 with easy regional access, bus line service, and proximity to major state and office buildings.
  • Mostly open floor plan with two private offices, three restrooms, heating and air conditioning, wheelchair access, and extensive building amenities.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,698 SF
  • 1-10 Years
  • $19.00 /SF/YR $1.58 /SF/MO $108,262 /YR $9,022 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • Conference Rooms
  • Central Air and Heating
  • Reception Area
  • Private Restrooms
  • Freezer Space
  • Print/Copy Room
  • Security System
  • Raised Floor
  • Drop Ceilings
  • Recessed Lighting
  • Emergency Lighting
  • Open-Plan
  • Yard
  • Smoke Detector
  • Wheelchair Accessible
  • Located in the prime hub area of Lacey
Space Size Term Rental Rate Rent Type
1st Floor 5,698 SF 1-10 Years $19.00 /SF/YR $1.58 /SF/MO $108,262 /YR $9,022 /MO Triple Net (NNN)

1st Floor

Size
5,698 SF
Term
1-10 Years
Rental Rate
$19.00 /SF/YR $1.58 /SF/MO $108,262 /YR $9,022 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • Conference Rooms
  • Central Air and Heating
  • Reception Area
  • Private Restrooms
  • Freezer Space
  • Print/Copy Room
  • Security System
  • Raised Floor
  • Drop Ceilings
  • Recessed Lighting
  • Emergency Lighting
  • Open-Plan
  • Yard
  • Smoke Detector
  • Wheelchair Accessible
  • Located in the prime hub area of Lacey

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Matterport 3D Tour

Matterport 3D Scan

Select Tenants at 4528 Pacific Ave SE, Lacey, WA 98503

  • Tenant
  • Description
  • US Locations
  • Reach
  • Chinese Passage Restaurant
  • Accommodation and Food Services
  • -
  • -
  • Foundations of Faith Academy
  • Educational Services
  • -
  • -
Tenant Description US Locations Reach
Chinese Passage Restaurant Accommodation and Food Services - -
Foundations of Faith Academy Educational Services - -

Property Facts

Total Space Available 5,698 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 5,698 SF
Year Built 1972
Parking Ratio 5.09/1,000 SF

About the Property

4528 Pacific Avenue SE offers 5,698 square feet of highly visible office retail space for lease in the heart of Lacey, Washington. Previously occupied by a restaurant and daycare center, the property is well-suited for a wide range of uses, including restaurants, daycares, retail, offices, health services, and can be divided into smaller units if desired. The building features a mostly open floor plan with two private offices, a raised dance floor, and a kitchen area, along with three restrooms, heating and air conditioning, and a variety of building amenities, including a security system, smoke detector, storage space, and wheelchair accessibility. The property also includes 29 surface parking spaces, providing ample on-site parking for customers and employees. 4528 Pacific Avenue SE benefits from a strong central location, surrounded by state offices, office buildings, retailers, restaurants, schools, churches, and parks. The site is within walking distance of Huntamer Park, a major community destination where the City of Lacey hosts numerous events throughout the summer, helping drive consistent foot traffic to the area. The building enjoys excellent regional connectivity with proximity to Interstate 5, convenient bus line access, and exposure to over 30,000 vehicles per day along Pacific Avenue SE. The surrounding trade area offers access to a dense consumer base of more than 246,201 residents with an average household income of $113,900, making this an ideal opportunity for tenants seeking strong demographics, visibility, and accessibility in the South Sound market.

  • Security System
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Attachments

Floor Plan
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
10,064
78,082
162,862
2030 Population
10,232
79,275
165,584
2025-2030 Projected Population Growth
1.7%
1.5%
1.7%
Median Age
39.9
40.2
40.2
College Degree + Higher
25%
33%
36%
Daytime Employees
13,179
34,223
83,333
Total Businesses
1,491
5,142
9,396
Average Household Income
$84,171
$102,699
$109,498
Median Household Income
$65,908
$89,419
$92,654
Total Consumer Spending
$120.6M
$1B
$2.3B
2025 Households
4,405
30,991
65,311
Average Home Value
$413,365
$520,927
$548,423

Nearby Major Retailers

Starbucks
First Citizens Bank
Wells Fargo Home Mortgage
Columbia Bank
Happy Teriyaki
Planet Fitness
Fred Meyer
Heritage Bank
WaFd Bank
HomeStreet Bank
  • Listing ID: 38674327

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 4528 Pacific Ave SE, Lacey, WA 98503

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