The Landing at Hawks Prairie 10 Retail Properties in Lacey, WA

The Landing at Hawks Prairie presents a premier opportunity to acquire a 115,745 square foot, multi-building retail center in the heart of Lacey, Washington’s thriving retail corridor. Completed from 2008 - 2013 and spanning over 11 acres, the property is comprised of ten architecturally distinct buildings and is anchored by nationally recognized tenants including LA Fitness, Red Robin, Navy Federal Credit Union, Popeyes, Mattress Depot, GameStop, and Kiddie Academy. The center’s prime location at Galaxy Drive NE and Martin Way, just off I-5, offers standout visibility and access. The property boasts a diverse tenant mix, long-term leases with creditworthy national brands, and a stable income stream. With current occupancy rates above 98%, The Landing at Hawks Prairie offers both secure cash flow and upside potential through lease-up of remaining vacancies and scheduled rental escalations. The Lacey retail market continues to demonstrate strong fundamentals, with low vacancies, positive rent growth, and a favorable demographic profile. This offering is ideally suited for investors seeking a high-quality, stabilized retail asset with enduring value drivers in a dynamic Pacific Northwest market.