4160 6Th AveLacey, WA 98503

Property Details for 4160 6Th Ave

Year built

2001

Construction

WOOD FRAME

Lot size

0.68 AC

Property size (Sq ft)

16,834 SF

Property type

Office buildings

APN

1181-74-21400

APU

11817421400

Description

The Bell Centre, a Class B office building at 4160 6th Ave SE, Lacey, WA 98503, offers multiple executive office suites for lease. Built in 2001, this two-story building boasts 16,724 square feet on a 0.68-acre lot, with a maximum contiguous space of 2,506 square feet. Currently, three suites are available, ranging in size from 760 to 2,506 square feet. The property features 45 total parking spaces, conveniently located on-site and on the street. Its prime location in Lacey's Woodland District provides easy access to I-5, numerous retail options, and restaurants. The building is situated next to a South Puget Sound Community College satellite campus, ensuring high foot traffic and visibility. The beautifully landscaped exterior complements well-appointed interiors. Tenant improvement allowances are available. Zoned WD (Woodland District), the property's APN is 11817421400. Cross streets are Sleater Kinney & College Street. A larger executive suite with a conference room is available on the second floor, while a first-floor corner suite offers excellent visibility and accessibility. This is an exceptional opportunity for businesses seeking a professional and convenient location in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $5,162,700

  6.5%

  $4,765,570

  7%

  $4,425,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,514,270

  Geo Method

  $3,241,890

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,079,860

  Retail / Commercial

  $4,715,320

  Mixed-Use / Specialty

  $4,745,160

  Hospitality / Lodging

  $3,542,120

  Institutional / Educational

  $4,949,730

  Residential Income

  $5,791,180

  Multifamily

  $6,686,980

  Automotive / Energy

  $4,242,630

  Parking / Income-Based Land

  $1,417,980

  Restaurant / Food Service

  $2,567,570

  Healthcare / Senior Housing

  $4,818,230

Location Insight

City

Lacey

County

Thurston

State

Washington

Latitude

47.0436

Longitude

-122.832

CBSA code

36500

CBSA name

OLYMPIA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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