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Hwang Plaza
4104 Martin Way E Lacey WA 98516-5344
Listing #: 709641 | Status: Available | Last Modified: 4/23/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 5.51 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Anchor | Vitamin Shoppe |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| # of Units | 3 |
| # of Elevators | 0 |
| A/C | Yes |
| Total Building SF | 8,372 SF |
| Net Rentable Area | 8,372 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 29,621 SF |
| Acres | 0.68 |
| Year Built | 2004 |
| Construction Type | Framed, Glass, Masonry, Wood |
| Property Type | |
|---|---|
| Property Type | Retail |
| Investment | Yes |
| Location | |
|---|---|
| County | Thurston |
| Cross Street | Sleater-Kinney Road |
| Market Area | Olympia |
| Tax ID # | 11817130800 |
| Zoning | HDC-4 |
| Parking Information | |
|---|---|
| #Covered Spaces | 40 |
| # Uncovered Spaces | -1 |
| Total Parking Spots | 39 |
| Parking Ratio | 4.7 |
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
Hwang Plaza
4104 Martin Way E Lacey WA 98516-5344
Listing #: 709641 | Status: Available | Listing Date: 3/6/2026 | Last Modified: 4/23/2026 | Email Listing
