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Martin Village 5420 Martin Way E 57,265 SF Retail Building Lacey, WA 98516 For Sale
Executive Summary
*DON'T DISTURB TENANT*
MARTIN VILLAGE is a high-traffic retail center positioned along Martin Way E, a key commercial corridor in the growing Olympia/Lacey market. Anchored by major national and regional tenants, this shopping center benefits from strong visibility, ample parking, and easy access. Located in a dense residential and business district, Martin Village is an deal location for retailers looking to tap into a thriving consumer base.
Purchase Price: Contact Broker for More Info.
*Broker to verify commission & payment structure with Listing Agent when submitting an offer.
MARTIN VILLAGE is a high-traffic retail center positioned along Martin Way E, a key commercial corridor in the growing Olympia/Lacey market. Anchored by major national and regional tenants, this shopping center benefits from strong visibility, ample parking, and easy access. Located in a dense residential and business district, Martin Village is an deal location for retailers looking to tap into a thriving consumer base.
Purchase Price: Contact Broker for More Info.
*Broker to verify commission & payment structure with Listing Agent when submitting an offer.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
57,265 SF
Building Class
B
Year Built/Renovated
1992/2006
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.36
Lot Size
3.68 AC
Opportunity Zone
Yes
Zoning
CBD 6 - Commercial Business District
Parking
200 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
268’ on Martin Way E
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Space in Martin Village Available for LEASE or SALE: 57,265 SF | Asking Base Rent: $9.00 PSF | Purchase Price: $7,000,000 *Broker to verify commission & payment structure with Listing Agent when submitting an offer.
| Space | Size | Space Use | Position | Available |
| Discount Direct | 57,265 SF | Retail | - | Now |
Discount Direct
| Size |
| 57,265 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Discount Direct
| Size | 57,265 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Space in Martin Village Available for LEASE or SALE: 57,265 SF | Asking Base Rent: $9.00 PSF | Purchase Price: $7,000,000 *Broker to verify commission & payment structure with Listing Agent when submitting an offer.
Nearby Major Retailers
Property Taxes
| Parcel Number | 61340000300 | Improvements Assessment | $3,794,800 (2024) |
| Land Assessment | $1,290,300 (2024) | Total Assessment | $5,085,100 (2024) |
Property Taxes
Parcel Number
61340000300
Land Assessment
$1,290,300 (2024)
Improvements Assessment
$3,794,800 (2024)
Total Assessment
$5,085,100 (2024)
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Martin Village | 5420 Martin Way E
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