4104 Martin Way E
Lacey WA 98516-5344
Hwang Plaza
4104 Martin Way E Lacey WA 98516-5344
Listing #: 709641 | Status: Available | Last Modified: 4/23/2026 |
For Sale
- Phone:(206) 949-4989
- Email:wbico@yahoo.com
- Office Name:Genesis Realty
- Office Phone:(206) 949-4989
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,750,000.0
- $/SF$ 567.4
- Listing StatusAvailable
- Days on Market58
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.51 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- AnchorVitamin Shoppe
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units3
- # of Elevators0
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF8372
- Net Rentable Area8372
- Total Office SF
- Largest Contiguous SF
- Lot SF29621
- Acres0.68
- Property TypeRetail
- Office Type
- InvestmentYes
- Building Class
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross StreetSleater-Kinney Road
- Market AreaOlympia
- Tax ID #11817130800
- Additional Parcels
- ZoningHDC-4
- # Covered Spaces40
- # Uncovered Spaces-1
- Total Parking Spots39
- Parking Ratio4.7
- Year Built2004
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed, Glass, Masonry, Wood
Hwang's Plaza
Prime Lacey retail corridor surrounded by major national anchors: Lowe’s, Hobby Lobby, Tractor Supply, Safeway (all within 1 mile). High visibility & access: 160,000+ VPD on I-5 and 25,000+ VPD on Martin Way E; additional exposure from shadow anchors. Fully occupied strip center with strong built-in customer draw. Strong demographics (3-mile radius): 62,000+ population, $67K avg. household income, 38,000+ employees. 15 minutes to the Washington State Capitol, supported by a stable government-employee workforce.
Excellent visibility at high traffic intersection adjacent to new Safeway and Lowe`s Hardware.
Industrial/Retail, Mixed-Use, Restaurant, Street Retail, Salon/Spa