LISTING DETAILS

6528 Capitol Boulevard SE

6528 Capitol Blvd SE Tumwater WA 98501-5566

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

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate0.00 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
# of Units3
Total Building SF7,500 SF
Net Rentable Area7,500 SF
Total Office SF0 SF
Largest Contiguous SF1,579 SF
Lot SF23,958 SF
Acres0.55
Year Built1992
Year Renovated2015
Construction TypeWood
Property Type
Property TypeRetail
Location
CountyThurston
Cross StreetDennis St.
Market AreaTumwater
Tax ID #12702231207
ZoningCBC

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

6528 Capitol Boulevard SE
6528 Capitol Blvd SE Tumwater WA 98501-5566

Listing #: 688864 | Status: Available | Listing Date: 10/31/2024 | Last Modified: 11/1/2024 | Email Listing

For Sale

6528 Capitol Boulevard SE

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