Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    305 Cooper Point Rd NW Olympia, WA 98502

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Exceptional retail opportunity with high visibility and ample space.

    Property size:
    20,118 SF
    Lot size:
    20,118 SF

    Property Features for 305 Cooper Point Rd NW

    General Information

    Size
    20,118 SF

    Building Details

    Year built
    2006

    Source: Ken Davis Agent Ken Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space with Drive-Thru

    This 20,118 square foot retail property offers a prominent location with high traffic volume, exceeding 50,000 vehicles per day. The space features high ceilings and ample storefront glass, creating an inviting environment for showcasing merchandise. Situated on a highly visible corner, the property ensures maximum exposure and foot traffic, making it suitable for retail businesses seeking a prominent presence. The property includes a drive-thru. The surrounding area is known for its vibrant local businesses and robust consumer traffic, with close proximity to attractions such as the Olympia Farmers Market, Capitol Theater, and Percival Landing. This location presents an opportunity for businesses to thrive and engage with a diverse customer base. Excellent co-tenants are present. The property is subject to Rite Aid bankruptcy proceedings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm Rite Aid Drug Store Hassana Iredia Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9419282
    Latitude
    47.0476018

    Nearby Similar for Lease

    • $1,500 /Mo
      215 SF

      Urban Offices in Historic Building

      Unique office spaces in downtown Olympia's historic James Martin Warehouse.
      115 State Ave NE, Olympia, WA 98501
      View Details
    • $17 SF/Yr
      1,400 SF

      Restaurant Space on Pacific Avenue

      Restaurant-ready space in Pacific Center with high visibility and foot traffic.
      2747 Pacific Ave SE, Olympia, WA 98501
      View Details
    • $27 SF/Yr
      16,379 SF

      Harris Victoria Square: Medical & Office Park

      Five-building office park, prime location.
      2600-2616 Yelm Hwy, Olympia, WA 98501
      View Details
    • $425 /Mo
      307 SF

      Olympia Office Spaces For Rent

      Individual office spaces available in Olympia, WA.
      924 Capitol Way, Olympia, WA 98501
      View Details
    • $20 SF/Yr
      9,600 SF

      Martin Way Office Building

      Olympia Office Space: 2 Suites Available
      3905 Martin Way, Olympia, WA 98506
      View Details
    • Contact for pricing
      339,420 SF

      Tumwater Industrial Building For Lease

      339,420 SF industrial building with convenient I-5 access.
      9744 Blomberg St SW, Olympia, WA 98512
      View Details

    FAQs

    What type of property is this?
    Drug store - Exceptional retail opportunity with high visibility and ample space.
    Where is this drug store located?
    The property is located at 305 Cooper Point Rd NW Olympia, WA.
    What are key features of this property?
    This property features: - High-traffic location with over 50,000 Vehicles Per Day (VPD) on a controlled hard corner.; - Substantial 20,118 SF space suitable for a variety of retail uses, including drive-thru accessibility.; - **High ceilings and ample storefront glass create an attractive and inviting retail environment.**
    (509) 949-0860
    Request Owner's contact information
    305 Cooper Point Rd NW Olympia, WA 98502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    305 Cooper Point Rd NW
    Olympia, WA 98502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 Cooper Point Rd NW Olympia, WA 98502
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.