Address Map
USA
Washington
Thurston
Lacey
98503
Avery Ln
4700
W123° 10' 32.4''
N46° 59' 56.7''
SE
Additional Information
Don Whittles
15526
974500
1,750 Sqft
21,846 Sqft
Lacey Crossroads Starbucks
Lacey
1
Masonry
98101
WA
Seattle
401 Union Street, 32nd fl
Property Description

We have been selected to exclusively market for sale a Corporate Guaranteed Drive-Thru Starbucks, located in Lacey, WA. The Property is shadow anchored by Lowe’s Home Improvement in an expanding shopping center that is also home to national tenants such as: Taco Bell, Jimmy John’s, Verizon, MudBay, Dominos and more. The Starbucks lease features 4+ years of term with 4, 5-year options and 10% rent increases every 5 years. Starbucks has also operated at this location for over 15-years and in 2017, they removed their early termination right, as well as added 2, 5-year options after extending their lease for 10 additional years. The Property is centrally located in the rapidly growing Lacey, WA sub-market. Since 2010, within a 5-mile radius of the Property, the population has grown by nearly 2

For Sale

4700 Avery Ln, Lacey, Washington 98503

  • Square Footage: 1,750 Sqft
$1,775,000
Listing ID#685701
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Basic Details
Property Type : Retail
Listing Type : For Sale
Listing ID : 685701
Price : $1,775,000
Square Footage : 1,750 Sqft
Year Built : 2008
Status : Active
Office Name : Marcus & Millichap, Inc.
Property Sub Type : Retail
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Marcus & Millichap, Inc.