4022 Pacific Ave SE

Retail: Restaurant

4022 Pacific Ave SE, LaceyWA 98503

Property Details

Location

Address
4022 Pacific Ave SE, LaceyWA 98503
County
Thurston
Submarket
CBA Lacey
Parcels
65103301800
In Opportunity Zone
Yes

Building Size

Building Size
5,270 SF

Building Details

Type
 Retail: Restaurant
Number of Buildings
1
Occupancy Type
Multi-tenant
Building Class
Building Status
Existing
Floors
1
Year Built
2022
Sprinklers
Primary Const.
Framed
Parking Ratio

Land & Utilities

Land (Acres)
0.36 Acres
Land (SF)
15,507 SF
Zoning
WD
Lot Depth
Lot Width

Contacts

Current Listings

MOD PIZZA AND FIVE GUYS BURGERS AND FRIES

$4,216,000
Cap Rate: 4.75%

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Multi- Tenant Net Leased Investment located in Lacey, Washington. The property is leased to MOD Pizza and Five Guys Burgers and Fries for which both Tenant’s are on Brand New 10-year lease terms. MOD Pizza and Five Guys Burgers and Fries is part of a center that also features a newly developed Chipotle and 7-Eleven with fuel. The site is ideally located on the corner of Pacific Avenue SE and Sleater – Kinney Road SE that encompasses +/- 65,000 vehicles per day. Some of the surrounding retailers include Target, Kohl’s, Michaels, Marshalls, Fred Meyer, Chase Bank and much more.

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Multi- Tenant Net Leased Investment located in Lacey, Washington. The property is leased to MOD Pizza and Five Guys Burgers and Fries for which both Tenant’s are on Brand New 10-year lease terms. MOD Pizza and Five Guys Burgers and Fries is part of a center that also features a newly developed Chipotle and 7-Eleven with fuel. The site is ideally located on the corner of Pacific Avenue SE and Sleater – Kinney Road SE that encompasses +/- 65,000 vehicles per day. Some of the surrounding retailers include Target, Kohl’s, Michaels, Marshalls, Fred Meyer, Chase Bank and much more.

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BROKER

Source: CBA

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