Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5729 Littlerock Rd SW Tumwater, WA 98512

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr ($2,010 /Mo)

    Retail space available for lease in Tumwater, Washington.

    Property size:
    1,340 SF
    Lot size:
    0.85 Acres

    Property Features for 5729 Littlerock Rd SW

    General Information

    Size
    1,340 SF
    Lot size
    0.85 Acres

    We can help!

    Listing Contact
    Joni Baker
    Source: Moodyscre

    Listing Agent: Joni Baker

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

    Learn more

    Property Insight Report

    Overview

    Retail Space in Tumwater, WA

    This retail space, located in Tumwater, WA, offers 1340 square feet of area. It is suitable for retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon 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
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.9191668
    Latitude
    46.9970289

    Nearby Similar for Lease

    • $1.20 SF/Yr
      4,600 SF

      Tumwater Industrial Space For Lease

      Versatile industrial space in Tumwater's Mottman Industrial Park.
      3035 37 SW, Tumwater, WA
      View Details
    • $21,095,000
      83,377 SF

      Class A Commercial Building

      83,377 SF Class A office space for lease.
      6400 Linderson Way SW, Tumwater, WA 98501
      View Details
    • $43 SF/Yr
      5,073 SF

      Retail Space in Craft District

      New retail space available Spring 2026 in Tumwater's Craft District.
      4120 Capitol Blvd SE, Tumwater, WA 98501
      View Details
    • $0.85 SF/Yr
      10,000 SF

      Tumwater Industrial Space For Lease

      10,000 SF industrial property in Mottman Industrial Park.
      2947 Rw Johnson Blvd SW, Tumwater, WA
      View Details
    • $15 SF/Yr
      1,431 SF

      Tumwater Executive Office Space

      1,431 SF Office, High Visibility
      6120 Capitol Blvd, Tumwater, WA 98501
      View Details
    • $18 SF/Yr
      44,329 SF

      Southgate Shopping Center: Tumwater Retail

      High-traffic Tumwater retail center, I-5 visibility.
      5113 Capitol Blvd, Tumwater, WA 98501
      View Details
    • $15 SF/Yr
      29,150 SF

      Tumwater Flex Space Available

      Modern industrial flex space, Tumwater, WA.
      8913 Select Ct, Tumwater, WA 98501
      View Details
    • $0.75 SF/Yr
      8,865 SF

      Warehouse with Showroom For Lease

      Warehouse and showroom space available for lease in Tumwater.
      2540 Crites St SW, Tumwater, WA 98512
      View Details
    • $25,233,208
      99,736 SF

      Class A Office Space Available

      99,736 SF Class A office space for rent.
      6500 Linderson Way SW, Tumwater, WA 98501
      View Details
    • $22 SF/Yr
      28,491 SF

      High-End Office Space Available

      Three-floor office space near Hwy 101 and I-5.
      1570 Irving St SW, Tumwater, WA 98512
      View Details
    • $0.75 SF/Yr
      20,000 SF

      Industrial Space with Fenced Perimeter

      20,000 SF industrial space with ample parking/yard.
      2670 Crites St SW, Tumwater, WA 98512
      View Details
    • Contact for pricing
      199,950 SF

      Tumwater Warehouse and Distribution Space

      199,950 SF warehouse with ample parking and dock doors.
      2310 93Rd Ave SW, Tumwater, WA 98512
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for lease in Tumwater, Washington.
    Where is this retail space located?
    The property is located at 5729 Littlerock Rd SW Tumwater, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Retail space available for lease; - Located in Tumwater, Washington
    (360) 943-9922
    Request Owner's contact information
    5729 Littlerock Rd SW Tumwater, WA 98512
    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.
    5729 Littlerock Rd SW
    Tumwater, WA 98512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5729 Littlerock Rd SW Tumwater, WA 98512
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joni Baker
    (360) 943-9922
    Learn more
    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.