5105-5109 Capitol Blvd SW - Freestanding FOR SALE
Tumwater, WA 98501 |
$4,200,000 USD
206-379-1418
5105-5109 Capitol Blvd SW
Tumwater, WA 98501
OVERVIEW
- Current Annual NOI: $290,000
- Six (6) out of Eight (8) Retail Suites currently occupied
- South portion of retail center also available for sale (Contact brokers if interested)
- Excellent visibility along a high-traffic corridor, featuring loyal, well-followed tenants and multiple value-add opportunities
- HVAC Systems recently replaced
- New Roof Installed 2025
- 81 parking stalls
- Four curb cuts on Capitol Blvd S
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$242 USD /SF
CAP RATE
6.9%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Southgate (North) Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.33 AC
LAND SF
57,935 SF
ZONING
CBC
APN/PARCEL ID
09080034000,09080034001,09080034002,09080051000
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206-379-1418
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206-379-1418
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