Lacey, WA Commercial Real Estate for Lease and Sale

Explore 47 listings of Lacey commercial real estate to find the best space for your business.

Blake Office Park

4450 10th Avenue SE, The Park, Lacey, WA
Property

Office

107,976 SF
Availability

1 Space

53,988 SF
Year Built

1999
For Lease

$18.00/SF/YR
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673 Woodland Square Loop SE

673 Woodland Square Loop SE, The Park, Lacey, WA
Property

Office
Availability

1 Space

198,970 SF
Year Built

1985
For Lease

$20.00/SF/YR
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4412 Pacific Ave SE

4412 Pacific Ave SE, The Park, Lacey, WA
Property

Office

2,600 SF
Year Built

1984
For Sale

$525,000
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6th & Woodland Building

673 Woodland Square Loop SE, The Park, Lacey, WA
Property

Office

59,990 SF
Availability

2 Spaces

19,610 SF
Year Built

2008
For Lease

$18.50 - $20.00/SF/YR
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Office Retail Industrial

Office Retail Land
The Hub at Lacey - Woodland Center Buildings

676 Woodland Square Loop SE, The Park, Lacey, WA
Property

Office

138,003 SF
Availability

2 Spaces

6,729 SF
Year Built

1989
For Lease

$18.50 - $20.00/SF/YR
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Bell Towne Centre

4200 6th Avenue SE, The Park, Lacey, WA
Property

Office

45,836 SF
Availability

1 Space

2,183 SF
Year Built

2001
For Lease

$23.00/SF/YR
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905 Carpenter Rd SE

905 Carpenter Rd SE, The Park, Lacey, WA
Property

VacantLand
For Sale

$950,000
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Lacey Business Park - Buildings 1, 2 & 3

2830 Willamette Drive NE, Christa Heights, Lacey, WA
Property

Industrial

168,040 SF
Availability

1 Space

10,284 SF
Year Built

2007
For Lease

$1.03/SF/MO
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Meridian Campus Corporate Park

9045 Polaris Lane NE, Christa Heights, Lacey, WA
Property

Industrial

777,579 SF
Availability

1 Space

93,696 SF
Year Built

2009
For Lease Contact for pricing
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Sixth Avenue Center

4317 6th Avenue SE, The Park, Lacey, WA
Property

Office

31,317 SF
Availability

2 Spaces

5,723 SF
Year Built

1973
For Lease Contact for pricing
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The Reserve at Lacey

6110 Pacific Ave SE, The Park, Lacey, WA
Property

Retail

221,642 SF
Availability

2 Spaces

8,774 SF
Year Built

2019
For Lease

$16.00/SF/YR
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Hawks Prairie Logistic Center

7808 Hawks Prairie Road NE, Meridian Campus, Lacey, WA
Property

Industrial

1,863,428 SF
Availability

1 Space

1,863,428 SF
Year Built

2020
For Lease Contact for pricing
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Hawks Prairie Logistics Park Building I

7808 Hawks Prairie Rd. NE, Meridian Campus, Lacey, WA
Property

Industrial

1,287,510 SF
Availability Contact for availability
Year Built

2020
For Lease Contact for pricing
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The Hub at Lacey - 649 Building

649 Woodland Square Loop SE, The Park, Lacey, WA
Property

Office

25,587 SF
Availability

1 Space

2,000 SF
Year Built

1989
For Lease

$18.50/SF/YR
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4047 Pacific Ave SE

4047 Pacific Ave SE, The Park, Lacey, WA
Property

Retail

7,500 SF
Availability

1 Space

7,500 SF
Year Built

2016
For Lease

$25.00/SF/YR
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8121 Martin Way E

8121 Martin Way E, Tanglewilde East, Lacey, WA
Property

VacantLand

130,680 SF
Availability

1 Space

130,680 SF
For Lease Contact for pricing
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Hawks Hub - Building 1

7940 29th Ave NE, Christa Heights, Lacey, WA
Property

Industrial

33,750 SF
Availability

1 Space

1,888 SF
For Lease

$16.20/SF/YR
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South Sound Center - 705 & 711 Sleater Kinney Road SE

705 Sleater Kinney Road SE, The Park, Lacey, WA
Property

Retail

32,688 SF
Availability

4 Spaces

30,133 SF
Year Built

1966
For Lease Contact for pricing
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Lacey Commercial Land

8501 Martin Way E, Tanglewilde East, Olympia, WA
Property

VacantLand

134,164 SF
For Sale

$19.5/SF
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Hawks Prairie

1243 Marvin Road NE, Tanglewilde East, Olympia, WA
Property

Retail

154,781 SF
Availability

2 Spaces

14,264 SF
Year Built

1988
For Lease Contact for pricing
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Britton Plaza - Building E-F-G

2515 - 2545 Marvin Rd NE, Raili May - Jaylee, Lacey, WA
Property

Retail

11,172 SF
Availability

1 Space

11,172 SF
For Lease

$35.00 - $50.00/SF/YR
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5123 Yelm Highway SE

5123 Yelm Highway SE, Summerfield - Emerald Heights, Lacey, WA
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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Lacey Crossroads Starbucks

4700 Avery Ln SE, Kensington - Lexington, Lacey, WA
Property

Retail

1,750 SF
For Sale

$1,775,000
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4404 Martin Way E

4404 Martin Way E, Westminster Walk, Lacey, WA
Property

Retail

4,997 SF
Availability

1 Space

1,002 SF
Year Built

1987
For Lease

$20.00/SF/YR
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The Hickory

7770 BRITTON PKWY NE, Raili May - Jaylee, Lacey, WA
Property

Retail

43,900 SF
Availability

1 Space

43,900 SF
For Lease

$40.00/SF/YR
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1445 Galaxy Drive NE

1445 Galaxy Drive NE, Tanglewilde East, Lacey, WA
Property

Office

22,562 SF
Availability

2 Spaces

9,917 SF
For Lease

$23.00 - $30.00/SF/YR
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South Sound Center - 651 Sleater Kinney Road SE

651 Sleater Kinney Road SE, The Park, Lacey, WA
Property

Retail

79,946 SF
Availability

4 Spaces

72,515 SF
Year Built

1966
For Lease Contact for pricing
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Lacey Commercial Land

8501 Martin Way East Lacey, Tanglewilde East, Lacey, WA
Property

VacantLand

134,164 SF
For Sale

$19.5/SF
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Summerwalk Village

5110 Yelm Hwy SE, Summerfield - Emerald Heights, Lacey, WA
Property

Retail

54,485 SF
Availability

1 Space

4,672 SF
Year Built

2014
For Lease Contact for pricing
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3819 Pacific Avenue SE

3819 Pacific Avenue SE, The Park, Lacey, WA
Property

Industrial

25,632 SF
Availability

1 Space

14,559 SF
Year Built

1994
For Lease

$0.85/SF/MO
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7720 Britton Parkway NE

7720 Britton Parkway NE, Raili May - Jaylee, Lacey, WA
Property

VacantLand

36,407 SF
For Sale

$1,100,000
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74,525 SF For Lease

8110 31st Ave. NE, Christa Heights, Lacey, WA
Property

Industrial
Availability

1 Space

74,525 SF
For Lease Contact for pricing
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Hogum Bay Town Center

2555 Hogum Bay Rd NE, Christa Heights, Lacey, WA
Property

Retail

54,000 SF
Availability

2 Spaces

2,377 SF
For Lease

$44.00/SF/YR
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South Sound Center

653 Sleater Kinney Road SE, The Park, Lacey, WA
Property

Retail

357,949 SF
Availability

7 Spaces

118,368 SF
Year Built

1962
For Lease Contact for pricing
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8685 Martin Way E

8685 Martin Way E, Tanglewilde East, Lacey, WA
Property

Retail

1,717 SF
Availability

1 Space

955 SF
Year Built

2017
For Lease

$25.32/SF/YR
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Lacey Triangle Pad

MARVIN ROAD & HOGUM BAY RD NE, Meridian Campus, Lacey, WA
Property

VacantLand

87,120 SF
Availability

1 Space

87,120 SF
For Lease

$0.25/SF/MO
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5320 Tiffani Ln SE

5320 Tiffani Ln SE, Kensington - Lexington, Lacey, WA
Property

Retail

7,200 SF
Availability

1 Space

7,200 SF
For Lease

$32.00/SF/YR
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5805-5831 Lacey Blvd SE

5823 Lacey Blvd SE, Clearbrook - Redford Park, Lacey, WA
Property

Retail

53,131 SF
Availability

5 Spaces

14,920 SF
Year Built

1980
For Lease

$20.00 - $21.00/SF/YR
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Hawks Rest

8845 Tallon Ln NE, Tanglewilde East, Olympia, WA
Property

Retail

10,888 SF
Availability

2 Spaces

10,888 SF
For Lease

$24.96/SF/YR
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610 Sleater Kinney Road SE

610 Sleater Kinney Road SE, The Park, Lacey, WA
Property

Retail

10,440 SF
Availability

1 Space

10,300 SF
For Lease Contact for pricing
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Little Prairie Center - 4700 Yelm Hwy SE

4700 Yelm Hwy SE, Summerfield - Emerald Heights, Lacey, WA
Property

Retail

55,976 SF
Availability

1 Space

325 SF
Year Built

1986
For Lease Contact for pricing
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The Landing at Hawks Prairie

1110 Galaxy Drive NE, Tanglewilde East, Olympia, WA
Property

Retail

120,000 SF
Availability

3 Spaces

5,961 SF
Year Built

2002
For Lease

$38.00 - $42.00/SF/YR
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Lacey Corporate Center Land

5100 Corporate Center CT SE, Kensington - Lexington, Lacey, WA
Property

VacantLand

1.43 Acre
For Sale

$760,000
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5320 Tiffani Ln SE

5320 Tiffani Ln SE, Kensington - Lexington, Lacey, WA
Property

VacantLand

0.79 Acre
For Sale

$825,000
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4520 32ND LN SE

4520 32ND LN SE, Lakeview Estates, Lacey, WA
Property

VacantLand
For Sale

$1,250,000
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Meridian Campus Corporate Park

2750 WILLAMETTE DRIVE, Christa Heights, Lacey, WA
Property

Industrial

330,500 SF
Availability

1 Space

330,500 SF
For Lease Contact for pricing
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4660 Whitman Lane SE

4660 Whitman Lane SE, Rainier Park, Lacey, WA
Property

Retail

11,502 SF
Availability

1 Space

2,975 SF
For Lease

$18.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lacey commercial real estate market incorporates 515,926 square feet of office space across 13 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lacey commercial real estate market includes 1,295,664 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lacey market, there is a total of 4,741,335 square feet of industrial property.

The listing inventory in Lacey incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lacey is represented by Industrial space, which accounts for 2,682,681 square feet of available listings. Retail space available in Lacey adds up to 386,206 square feet.

Meanwhile, most of the listings of commercial property for sale in Lacey are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lacey is $20.28 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lacey can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lacey, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lacey is in the The Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the The Park area.

Meanwhile, retail space opportunities are most abundant in the The Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Christa Heights.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot. In particular, the property type commanding the highest lease rates in Lacey was Retail space.

The average size of a commercial property in Lacey depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lacey, the average size of an office property is 46,903 square feet.
Retail properties here incorporate an average of 64,784 square feet.
Industrial space in Lacey is in buildings that are, on average 677,334 square feet in size.

Lacey, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lacey currently add up to 3,577,593 square feet. The market offers 10 active office listing(s), which amount to 301,023 square feet and account for 24% of commercial spaces on the market. Local retail availability includes 374,201 square feet across 20 retail space(s). Industrial space for rent opportunities in Lacey amount to 2,684,569 square feet across a total of 9 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	10	301,023
Retail	20	374,201
Industrial	9	2,684,569
Other	2	217,800

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lacey, WA. Currently, there is 311,690 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	5,200
Retail	1	1,750
Other	8	304,740

Lacey, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lacey, WA?

What factors affect the price of commercial real estate in Lacey, WA?

What is the average rent for commercial space in Lacey, WA?

What are the best areas for commercial real estate in Lacey, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lacey, WA?

Lacey, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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