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Hawks Prairie Logistics Center - Building 1

Off-Market

7808 Hawks Prairie Road NE, Lacey, WA 98516

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 1,287,510 SF
  • Lot Size 62.06 Acre
  • Parking Spaces Avail. 618
  • Parking Ratio 0.48/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2021

Location

  • City Lacey, WA
  • Neighborhood Meridian Campus
  • Zip Code 98516
  • Market Seattle

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Lacey

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Lacey Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.29
  • 2020 Office Vacancy Rate 7.37%
  • 2020 Office Completions (SF)
View more Lacey market trends

Tax

  • Property Tax in 2022 $1,273,634
  • Market Value* $109,705,300
  • Assessed Value $109,705,300

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Hawks Prairie Logistics Center - Building 1?

Hawks Prairie Logistics Center - Building 1 totals 1,287,510 square feet.

When was this property built?

Hawks Prairie Logistics Center - Building 1 was built in 2021.

What is the property tax for Hawks Prairie Logistics Center - Building 1?

The property tax for Hawks Prairie Logistics Center - Building 1 in 2022 was $1,273,634.

What is the market value for Hawks Prairie Logistics Center - Building 1?

The market value* for Hawks Prairie Logistics Center - Building 1 in 2022 was $109,705,300.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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