206-518-9567
3540 Pacific Ave SE, Olympia, WA for Sale
Retail - FOR SALE
1/8
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3540 Pacific Ave SE
Olympia, WA 98501
South Olympia


HIGHLIGHTS

  • 100% leased Albertsons anchored shopping center
  • 6.2 years of WALT
  • Albertsons reports strong sales and low occupancy cost
  • Below market rents
  • Strategically positioned in Olympia’s main retail corridor
  • Ideal mix of tenant brands and suite sizes

OVERVIEW

Olympia Square North is an 89,884 SF, Albertsons anchored center in Olympia, WA, the state capital. Situated at a major interchange on I-5, this property offers excellent visibility and accessibility, contributing to its appeal and performance. The Center benefits from a high-performing grocer, its location in a growing trade area, 100% occupancy, 6.2 years of WALT, and an established and stable tenant base. This well-positioned investment opportunity combines the reliability of a strong anchor tenant, the vibrancy of a unique entertainment offering, and the advantage of a prime location, making it an ideal asset for investment with both immediate and long-term returns.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Lilly Rd SE

LAND ACRES

5.7 AC

LAND SF

248,292 SF

ZONING

HDC-4

APN/PARCEL ID

66440000600,66440000700

ASK ABOUT THIS PROPERTY

Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

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