Sonic Drive-In NNN
For Sale
Contact for pricing
1303 Cooper Point Rd SW, Olympia, WA 98502
Absolute net Sonic drive-in with 16 years remaining on the initial term, shadow anchored by a prominent grocer.
Property SizeContact for details
Days on Market122
Property Features for 1303 Cooper Point Rd SW
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Kidder Mathews Seattle
(206) 296-9600
Listed By:
David Gellner · License #WA 112893
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 6:49PM
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 Kidder Mathews Seattle
Investment Insights
Based on property information with market context.
The offering presents an opportunity to acquire an Absolute Net Sonic Drive-In with 16 years remaining on the initial term. The property is positioned as a specialty NNN asset and is leased under an absolute net structure.
Located at 1303 Cooper Point Rd SW in Olympia, Washington, the site is shadow anchored by a prominent grocer. The property is also in close proximity to Highway 101 and major area retailers along Cooper Point Road, supporting convenient access to established retail activity.
For buyers seeking a single-tenant, absolute net Sonic drive-in structure, the remaining initial term provides a defined hold period tied to the current lease term remaining.
Located at 1303 Cooper Point Rd SW in Olympia, Washington, the site is shadow anchored by a prominent grocer. The property is also in close proximity to Highway 101 and major area retailers along Cooper Point Road, supporting convenient access to established retail activity.
For buyers seeking a single-tenant, absolute net Sonic drive-in structure, the remaining initial term provides a defined hold period tied to the current lease term remaining.
Key Highlights
- Absolute net Sonic drive‑in with 16 years remaining on the initial term
- Shadow anchored by a prominent grocer
- Located near Highway 101 and major retailers along Cooper Point Road
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute net Sonic drive-in with 16 years remaining on the initial term, shadow anchored by a prominent grocer.
Where is this drive through restaurant located?
The property is located at 1303 Cooper Point Rd SW Olympia, WA.
What are key features of this property?
This property features: Absolute net Sonic drive‑in with 16 years remaining on the initial term; Shadow anchored by a prominent grocer; Located near Highway 101 and major retailers along Cooper Point Road
