4501 Intelco LoopLacey, WA 98503

Property Details for 4501 Intelco Loop

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.82 AC

Property size (Sq ft)

67,244 SF

Property type

Office buildings

APN

5805-00-01100

APU

58050001100

Description

This exceptional executive office space, located within the TwinStar Credit Union headquarters building at 4501 Intelco Loop SE in Lacey, Washington 98503, offers a unique opportunity for businesses seeking a sophisticated and convenient work environment. The property, situated in the Lacey Corp Center Business Park within Thurston County, boasts a total of 65,000 square feet, with 11,000 square feet currently available for lease. The available space is part of a single-tenant building, ensuring a quiet and professional atmosphere. Suites range in size from 1,800 to 11,000 square feet, offering flexibility for businesses of various sizes. Each suite features large open areas, abundant natural light from expansive windows, and is easily adaptable to individual tenant needs. A build-out option is available for qualified tenants. The building provides ample parking for employees and visitors. Tenants enjoy access to shared amenities, including a spacious kitchen area and comfortable lounge spaces, enhancing productivity and collaboration. The location offers a tranquil setting with walking trails and nearby retail services, providing convenience and a pleasant work-life balance. This property presents an unparalleled opportunity to establish a thriving business in a prime Lacey location.

• CAP approach

  CAP return

  Valuation

  6%

  $18,196,392

  6.5%

  $16,796,670

  7%

  $15,596,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,032,418

  Geo Method

  $12,949,850

• Alternative Use

  Use

  Valuation

  Residential

  $20,827,870

  Hospitality

  $19,078,216

  Educational

  $15,872,853

  Medical

  $16,418,744

  Retail

  $24,691,104

Location Insight

City

Lacey

County

Thurston

State

Washington

Latitude

47.0003

Longitude

-122.829

CBSA code

36500

CBSA name

OLYMPIA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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