206 Tumwater Blvd SW - Office FOR SALE


Tumwater, WA 98501
$1,375,000 USD
503-422-5970
206 Tumwater Blvd SW, Tumwater, WA for Sale
$1,375,000 USD
Office - FOR SALE
1/24
null | 6.25% Cap Rate

NEW


206 Tumwater Blvd SW
Tumwater, WA 98501


OVERVIEW

Recently renovated single story 6,000 sqft retail/office! Property rebuilt from the ground up in 2025, all new roof, siding, doors, windows, electrical, HVAC systems and much more! Property is 65% occupied, 2 of 3 suites are tenant occupied. 3 year leases in place, with options to renew. Located off of Tumwater Blvd, minutes from freeway. Tumwater is undergoing through tremendous growth, potential for more growth and income with increased population growth. 70+ years remaining on ground lease! Ground lease fee includes property taxes, landscaping, security services, garbage service, parking lot maintenance and courtyard maintenance, lighting for common areas. Don't miss out on this opportunity! Sister building next door also available for sale. Contact LA for special pricing if both buildings purchased together.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Bldg 14

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

5.31 AC

LAND SF

231,304 SF

ZONING

TC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Russell PetrushaRussell Realty & Associates LlcMore Info
503-422-5970

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Russell PetrushaRussell Realty & Associates LlcMore Info
503-422-5970

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