Investment Details

Comprehensive Financial Analysis & Opportunities

Debt Financing Options

Competitive financing quotes have been sourced from leading capital providers, offering attractive terms for qualified investors.

Lifeco

Max LTV65%
Term5 Years
Rate6.15%
Amortization25 Years
RecourseFull
PrepaymentYield Maintenance

Credit Union

Max LTV55%
Term5 Years
Rate5.80%
Amortization30 Years
RecoursePartial to None
Prepayment3-2-2-1-1

Financial Performance

Income Breakdown

Base Rental Income$206,220
Cell Tower Income$16,104
Total Annual Income$222,324

Returns Analysis

Cap Rate6.50%
Cash-on-Cash Return7.2%
5-Year IRR Projection8.5%

Operating Expenses

Total Reimbursements$84,080
Total Expense$102,417
NOI$207,719

Investment Highlights

Stable Income Stream

100% occupied with established national and regional tenants providing consistent cash flow.

Built-in Rent Growth

Annual rent escalations and percentage rent clauses ensure income growth over time.

Recent Improvements

$250,000+ in capital improvements completed, including new roof and HVAC systems.

Prime Location

High-traffic retail corridor with excellent visibility and accessibility.

Market Opportunity

Growth Market Dynamics

Lacey represents one of the fastest-growing submarkets in the Puget Sound region, with population growth exceeding 15% over the past decade. The area benefits from its proximity to Joint Base Lewis-McChord, one of the largest military installations in the United States, providing a stable employment base of over 40,000 personnel.

The local economy is diversified across government, healthcare, retail, and technology sectors, creating resilient demand for retail services. With median household incomes 20% above the national average and strong demographic trends, this investment offers exceptional potential for long-term value appreciation.

296,640

5-Mile Population

117,172

Total Households

$93,985

Median HH Income

37.2%

College Educated