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
- Phone:(206) 946-9425
- Email:kevin.verger@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(206) 600-8500
- Agent Email:Maggie.verger@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,990,000.0
- $/SF$ 265.3
- Listing StatusAvailable
- Days on Market24
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- 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 TypeRetail
- Office Type
- Building Class
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross StreetDennis St.
- Market AreaTumwater
- Tax ID #12702231207
- Additional Parcels
- ZoningCBC
- Year Built1992
- Year Renovated2015
- Completion Date
- Roof Type
- Construction TypeWood
Capitol Blvd Retail Center
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
Retail or Office Located on Capitol Blvd adjacent to Dairy Queen.
Strip Mall