Search Results for 

5765 Littlerock Road SW - Tumwater Center, Tumwater, WA

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
5765 Littlerock Road SW - Tumwater Center

Tumwater, WA 98512 - Tumwater/S Olympia Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2003
Building Size:12,120 SF Land Area:1.27 AC (55,321 SF)
For Sale Price:$3,595,000 Price/SF:$296.62
Cap Rate:6.12 %
Parking:Free Surface spaces are available; Ratio of 5.07/1,000 SF
Features:Bus Line, Dedicated Turn Lane, Pylon Sign, Restaurant, Signage, Signalized Intersection, Central Employment Area

Sale Notes:
This highly visible and well maintained 12,120 SF retail center across from Home Depot, Costco, Walmart and Fred Meyer is 100 % leased and strategically positioned on a corner lot with access points from a signalized intersection along Littlerock Road. Just a short distance to Interstate 5 on and off ramps and just a few minutes from the state capitol, major area employers, and one of the largest air force bases in the nation.
Fully leased with a mix of nationally recoGnized, strong-credit tenants and long-term neighborhood owner/operator tenants for a diversity of foot traffic and stability in the center. Mattress Firm has been at this location since original construction in 2004. The property generates an additional $5,562.00 annually with CPI escalations on a long-term parking lot lease to Twinstar Community Credit Union.
Passive income property with minimal Landlord responsibility. Stable operating income recently signed leases and built-in escalations. Should Best Buffet, a month to month tenant, vacate, their large suite can be demised and leased at higher rates.
Tumwater Center's proven location is strategically located along Littlerock Road, with sees an average of 15,500 vehicles per day. As an outlet from I-5 Trosper Road Exit, and part of the dense retail landscape nearby, the site has excellent access and exposure to the area.

Agency One
Sutko Gojak
(360) 521-4318

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">5765 Littlerock Road SW - Tumwater Center, Tumwater, WA - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2019 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234