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    4120 Capitol Blvd SE Tumwater, WA 98501

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    For Lease
    $43 SF/Yr ($18,178 /Mo)

    New retail space available Spring 2026 in Tumwater's Craft District.

    Property size:
    5,073 SF
    Lot size:
    0.68 Acres

    Property Features for 4120 Capitol Blvd SE

    General Information

    Size
    5,073 SF
    Lot size
    0.68 Acres

    Source: BHGRE Commercial Premier NW Agent Joni Baker

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

    Overview

    Retail Space in Craft District

    Available Spring 2026, this commercial space is located in the vibrant Craft District in Tumwater. Build-to-suit options are available for this highly visible space. Custom interiors and layouts can be created to fit specific business needs. The property is situated in the bustling Craft District, benefiting from strong foot traffic and high community engagement. On-site parking is available, and the location provides direct access to I-5 and surrounding thoroughfares. Neighboring local breweries, restaurants, and artisan shops attract steady destination traffic. The property is surrounded by green spaces and walkable amenities. The property has a size of 5073 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.9020341
    Latitude
    47.0114861

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    FAQs

    What type of property is this?
    Retail space - New retail space available Spring 2026 in Tumwater's Craft District.
    Where is this retail space located?
    The property is located at 4120 Capitol Blvd SE Tumwater, WA.
    What is the lease rate?
    The lease rate is $43 SF/Yr.
    What are key features of this property?
    This property features: - Build-to-suit options allow for custom interiors and layouts.; - Located in the vibrant Craft District with strong foot traffic and high community engagement.; - Convenient on-site parking and direct access to I-5.
    (360) 943-9922
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    4120 Capitol Blvd SE Tumwater, WA 98501
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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
    4120 Capitol Blvd SE Tumwater, WA 98501
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