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    4014 Martin Way E Olympia, WA 98506

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    For Lease
    $6,200,000

    28,020 SF retail space with high traffic visibility.

    Property size:
    27,144 SF
    Lot size:
    1.98 Acres

    Property Features for 4014 Martin Way E

    General Information

    Size
    27,144 SF
    Lot size
    1.98 Acres

    Source: Kidder Mathews Agent Ryan Haddock

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

    Overview

    Visible Retail Box on Martin

    This highly visible 28,020 square foot retail space is located on Martin Way in Olympia, Washington. The location benefits from high traffic volume, with over 45,000 vehicles per day, and offers easy access to I-5. Previously occupied by a furniture store and a Goodwill Outlet, the property is situated near new retailers on Sleater Kinney and Martin Way. The space features a clear height of 14 feet 6 inches throughout, with 18 feet in the showroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Olympia Goodwill Outlet Thrift Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.834679
    Latitude
    47.048391

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    FAQs

    What type of property is this?
    Retail space - 28,020 SF retail space with high traffic visibility.
    Where is this retail space located?
    The property is located at 4014 Martin Way E Olympia, WA.
    What are key features of this property?
    This property features: - High visibility location on heavily traveled Martin Way with over 45,000 vehicles per day.; - Easy access to I-5.; - Large 28,020 SF box suitable for various retail purposes.
    (360) 596-9151
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    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
    4014 Martin Way E Olympia, WA 98506
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