Lacey Urban Center 7131-7269 Martin Way E 43,873 SF 100% Leased Retail Building Olympia, WA 98516 $11,500,000 ($262.12/SF) 5.49% Cap Rate

Introducing a prime commercial investment opportunity in Lacey! This premier property, located at 7131 - 7269 Martin Way East, boasts a 44,603 SF building with 25 units, offering versatility and potential for an array of retail operations. This well-maintained property features 100% occupancy and is strategically zoned MHDC. With its strategic location in Lacey, this property presents an exceptional opportunity for the astute retail investor seeking a stable and profitable addition to their portfolio.
The property is prominently situated along Martin Way East, one of the South Puget Sound’s busiest east–west retail and commercial corridors within the Lacey Urban Center near the Lacey/Olympia boundary in Thurston County, Washington. This location benefits from strong daily traffic exposure and excellent connectivity to local residential neighborhoods, regional arterials and Interstate 5, making it a highly visible and accessible retail node. The surrounding area features a dense mix of established retail, services, restaurants, and community amenities, with numerous shopping centers, grocery anchors and household destinations nearby. The site is also served by local transit routes and benefits from strong pedestrian activity along the Martin Way commercial stretch.