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Anchored Regional Shopping Center
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1200 Cooper Point Rd SW, Olympia, WA 98502

Retail center anchored by Nordstrom Rack, HomeGoods, Ashley Furniture, and Ulta with additional recent tenant deals.

Property SizeContact for details
Days on Market145

Property Features for 1200 Cooper Point Rd SW

General Information

Standard status Active
Property subtype Retail
Occupancy 97%

Additional Details

Anchor Co-Tenants Nordstrom Rack, HomeGoods, Ashley Furniture, Ulta, Dollar Tree, Daiso, Fujiyama Japanese Steakhouse

Building Details

Tenancy Multi
Listing Agency: Newmark - Seattle
Listed By: Billy Sleeth · License #WA 88059
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Seattle

Investment Insights

Based on property information with market context.

Cooper Point Marketplace is a regional shopping center at 1200 Cooper Point Rd SW in Olympia, Washington. The tenant lineup includes Nordstrom Rack, HomeGoods, Ashley Furniture, and Ulta, providing a mix of apparel, home furnishings, and beauty retail uses.

Additional leasing activity includes Dollar Tree, Daiso, and Fujiyama Japanese Steakhouse. The center reports 97% occupancy, 6.3 years of WALT, and a 2.7% CAGR, offering a defined operating profile for retail-focused ownership.

Key Highlights

  • 97% occupancy across the shopping center
  • 6.3 years of WALT
  • Anchored by Nordstrom Rack, HomeGoods, Ashley Furniture, and Ulta

Property Analytics

Current Use

Freshii - West Olympia Restaurant Kaiser Permanente West ... Medical Clinic Five Guys Restaurant FedEx Office Print ... Courier Service Olympic View Construction ... Construction Company

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Electrical Service Storage Facility Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

97%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,339
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98502, WA

35,698
Population
15,550
Households
2.3
Avg Household Size
41
Median Age
52%
College-Educated
97%
High-School Grad
63.4 sq mi
ZIP Area
563
Density / Sq Mi
$87,154
Median Household Income
$46,404
Median Earnings
$1,569
Median Rent
$496,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

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  • Proactiv Kiosk 105 Mall Loop Dr SW, Olympia, WA 98502, United States
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center anchored by Nordstrom Rack, HomeGoods, Ashley Furniture, and Ulta with additional recent tenant deals.
Where is this shopping center located?
The property is located at 1200 Cooper Point Rd SW Olympia, WA.
What are key features of this property?
This property features: 97% occupancy across the shopping center; 6.3 years of WALT; Anchored by Nordstrom Rack, HomeGoods, Ashley Furniture, and Ulta
(206) 518-9567 Call to check price and availability
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