Summerwalk Village

5110 Yelm Hwy SE, Lacey, WA 98503

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Neighborhood Center
  • Property Size 54,485 SF
  • Lot Size 8.02 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2014
  • Date Updated Apr 22, 2026

Description

Summerwalk Village is a 54,485-square-foot neighborhood center situated on an 8.02-acre lot in Lacey, WA. Built in 2014, this multi-tenant property is designed to accommodate businesses seeking modern retail space within a thriving community hub. Its spacious layout and multi-tenant format offer flexibility for businesses of varying sizes and industries.

The property is located in the Summerfield - Emerald Heights neighborhood, which is rated as "Very Walkable" with a Walk Score of 72 out of 100 points, meaning some locations can be reached on foot. Public transportation options are more limited in the area, with a Transit Score of 38. The Olympia-Lacey transportation hub is approximately 1.2 miles away, providing connections for tenants and visitors traveling further afield.

5 Spaces Available

#A

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,202 SF

Divisible Space

1,202 - 1,202 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

#D

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,811 SF

Divisible Space

1,811 - 1,811 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Building E #5122 C

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

4,672 SF

Divisible Space

1,400 - 4,672 SF

Available Date

TBD

Renewal Option

Yes

Sublease

No

Anchored by Walmart. BRAND NEW PAD BUILDING – DELIVERY SPRING 2025

High growth area. Need all the daily essentials. 

(i.e., fitness, espresso, medical, physical therapy, postal, pet supply, mattress.)  Can be demised to 1,400sf. 

Space Available

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,124 SF

Divisible Space

1,124 - 1,124 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Space Available

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,742 SF

Divisible Space

1,742 - 1,742 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Betsy Shriver

Perform Properties

Justin Holmes

First Western Properties

Josh Parnell

First Western Properties

Michael Olson

First Western Properties

Location

Located at 5110 Yelm Hwy SE, Lacey, WA 98503, this property is part of the Summerfield - Emerald Heights neighborhood and Seattle market.

Contact Summerwalk Village
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