1309 Cooper Point Rd SW - Freestanding FOR SALE


Olympia, WA 98502- West Olympia
$6,475,000 USD
844-585-7682
1309 Cooper Point Rd SW, Olympia, WA for Sale
$6,475,000 USD
Freestanding - FOR SALE
1/6
null | 5.85% Cap Rate

1309 Cooper Point Rd SW
Olympia, WA 98502
West Olympia


HIGHLIGHTS

  • 100%-Occupied, Four-Tenant Pad to Haggen (Top 25% in Washington, within the Grocer Category – Placer.ai)
  • All Tenants are on New Long-Term NNN Leases With Staggered Lease Expirations
  • Strong Retail Corridor; Close Proximity to Capitol Mall (6.5 Million Annual Visits), Center Point Marketplace (1.3 Million Annual Visits)
  • Excellent Accessibility and Visibility; Hard-Corner, Signalized Intersection
  • Explosive Growth and Affluent Demographics: Over 105,000 people with AHHI’S of $112,612 within a 5-mile radius
  • Surrounding tenants include Target, DSW, Ross Dress for Less, JCPenney, Macy’s, Dick’s Sporting Goods, T.J. Maxx, HomeGoods, and Many More

OVERVIEW

100%-Occupied, 4-Tenant Pad to Dominant Grocery-Anchored Center | Hard-Corner, Signalized Intersection | Generational Real Estate with Replaceable Rents

FOR SALE DETAILS

PRICE

$6,475,000 USD

PRICE/SF

$723 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pacific Dental Pad | Olympia, WA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C

APN/PARCEL ID

12821240101

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.