6528 Capitol Blvd SE
Tumwater WA 98501-5566

6528 Capitol Boulevard SE

6528 Capitol Blvd SE Tumwater WA 98501-5566

Listing #: 688864 | Status: Available | Last Modified: 11/1/2024 |

For Sale
Kevin Verger
  • Phone:(206) 946-9425
  • Email:kevin.verger@kidder.com
  • Office Name:Kidder Mathews
  • Office Phone:(208) 362-8600
  • Office Website:
Maggie Verger
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,990,000.0
  • $/SF$ 265.3
  • Listing StatusAvailable
  • Days on Market24
  • Asset ClassRetail, Office
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 0.00 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units3
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF7500
  • Net Rentable Area7500
  • Total Office SF
  • Largest Contiguous SF1579
  • Lot SF23958
  • Acres0.55
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyThurston
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetDennis St.
  • Market AreaTumwater
  • Tax ID #12702231207
  • Additional Parcels
  • ZoningCBC
Construction
  • Year Built1992
  • Year Renovated2015
  • Completion Date
  • Roof Type
  • Construction TypeWood

Capitol Blvd Retail Center

Public Comments

We are pleased to present the opportunity to acquire a 7,500 SF neighborhood retail center, ideally suited for an owner-user. The property is fully occupied, with two tenants on month-to-month leases, offering flexibility for an owner-user to occupy up to 5,160 SF (69%) of the property while maintaining rental income from the remaining space. Priced at just $265 per square foot, this offering is well below replacement cost, making it an exceptional value. The retail center benefits from its prime location in a densely populated residential area, with over 2,763 homes and an average household income of $89,377 within a 1-mile radius, providing strong consumer demand. Additionally, the property boasts excellent accessibility, being minutes from major freeways such as I-5 and its location o

Public Building Comments

Retail or Office Located on Capitol Blvd adjacent to Dairy Queen.

Search Tags

Strip Mall

Listing Images