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Three-Office Leaseback Property
For Sale
Contact for pricing
Pending

1780 Barnes Blvd SW, Tumwater, WA 98512

Three office buildings in Ridgeview Office Park are offered with existing lease terms and renewal options.

Property Size8,688 SF
Days on Market121

Property Features for 1780 Barnes Blvd SW

General Information

Standard status Pending
Size 8,688 SF
Property subtype Office
Listing Agency: Coldwell Banker Evergreen
Listed By: Brad Kisor · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 6:08AM

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 Coldwell Banker Evergreen

Investment Insights

Based on property information with market context.

This offering includes three separate office buildings located within Ridgeview Office Park. The property is presented as a sale-leaseback, with each building described as 2,896 square feet.

The current leases are structured as five-year NNN leases, with two five-year renewal options. The owner has been leasing the space to her company, Unisearch, in the location for 20 years.

For buyers seeking a stabilized office asset within an established office park setting, this configuration provides multiple buildings under the same leaseback structure and renewal framework.

Key Highlights

  • Three office buildings in Ridgeview Office Park offered as a sale‑leaseback with existing leases
  • Each building is 2,896 SF for a total of 8,688 SF
  • 5‑year NNN leases at $5,000 per building

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Pharmacy Bakery Grocery & Convenience Store Barber Shop

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

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 98512, WA

31,422
Population
13,216
Households
2.4
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
138.7 sq mi
ZIP Area
227
Density / Sq Mi
$93,738
Median Household Income
$56,673
Median Earnings
$1,655
Median Rent
$438,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three office buildings in Ridgeview Office Park are offered with existing lease terms and renewal options.
Where is this office building located?
The property is located at 1780 Barnes Blvd SW Tumwater, WA.
What are key features of this property?
This property features: Three office buildings in Ridgeview Office Park offered as a sale‑leaseback with existing leases; Each building is 2,896 SF for a total of 8,688 SF; 5‑year NNN leases at $5,000 per building
More about this property
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