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Martin Village 5420 Martin Way E 57,265 SF Retail Building Lacey, WA 98516 For Sale

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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.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
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
  • Discount Direct
  • 57,265 SF
  • Retail
  • -
  • 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.

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

U.S. Bank
Denny's
Shari's Cafe & Pies
Red Lobster
Safeway
Starbucks
Anytime Fitness
Flagstar Bank N.A.
Buffalo Wild Wings
Happy Teriyaki

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
61340000300
Land Assessment
$1,804,098 CAD (2024)
Improvements Assessment
$5,305,889 CAD (2024)
Total Assessment
$7,109,987 CAD (2024)
  • Listing ID: 35412008

  • Date on Market: 2025-04-08

  • Last Updated:

  • Address: 5420 Martin Way E, Lacey, WA 98516

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