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2600 Willamette Dr NE 2600 Willamette Dr NE 20,714 SF 100% Leased Industrial Building Lacey, WA 98516 $5,561,015 CAD ($268.47 CAD/SF) 6.76% Cap Rate
Investment Highlights
- FULLY LEASED WITH PROVEN TENANT COMMITMENT
- EXCEPTIONAL ASSET MAINTENANCE
- HIGH BARRIER TO ENTRY MARKET
- STRATEGIC I-5 LOGISTICS CORRIDOR
- FUNCTIONAL CONCRETE TILT CONSTRUCTION
- ROBUST DEMOGRAPHICS AND LABOR POOL
Executive Summary
Team Vara presents the investment offering of 2600 Willamette Dr NE in Lacey, WA as a stabilized industrial investment opportunity. Situated just minutes from I-5, the property benefits from excellent regional connectivity between Seattle, Tacoma, and Portland, making it well suited for last-mile distribution and light manufacturing serving the broader Pacific Northwest. The building’s functional industrial design, convenient truck access, and proximity to major transportation corridors position the asset to meet sustained demand from logistics, e-commerce, and service-oriented industrial tenants.
The property represents an opportunity to acquire a fully leased industrial asset in a supply-constrained market with favorable long-term fundamentals, offering both stable cash flow potential and upside through continued market rent growth.
The property represents an opportunity to acquire a fully leased industrial asset in a supply-constrained market with favorable long-term fundamentals, offering both stable cash flow potential and upside through continued market rent growth.
Property Facts
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Property Taxes
| Parcel Number | 58070000100 | Improvements Assessment | $3,052,791 CAD |
| Land Assessment | $1,638,646 CAD | Total Assessment | $4,691,437 CAD |
Property Taxes
Parcel Number
58070000100
Land Assessment
$1,638,646 CAD
Improvements Assessment
$3,052,791 CAD
Total Assessment
$4,691,437 CAD
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2600 Willamette Dr NE | 2600 Willamette Dr NE
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