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Renovated Pet Hospital For Sale
For Sale
$5,200,000
Pending

1400 Evergreen Park Dr SW, Olympia, WA 98502

Recently renovated pet hospital with long-term tenant near highways.

Property SizeContact for details
Days on Market355

Property Features for 1400 Evergreen Park Dr SW

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1985
Listing Agency: KIDDER MATHEWS
Listed By: EVAN PARKER · License #81700
Source: Corcoran
Added: Aug 20, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:50AM

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

Investment Insights

Based on property information with market context.

This is a completely renovated pet hospital with a quality tenant. The tenant has over 9 years remaining on the initial term of the lease, with three 5-year extension options available. Located just 2 minutes from Highway 101 and Interstate 5, this pet hospital offers accessibility within the region.

Key Highlights

  • Stable income stream with a high‑quality tenant.
  • Long‑term lease in place with over 9 years remaining on the initial term.
  • Tenant has multiple extension options (three 5‑year options).

Property Analytics

Current Use

Firwood Manor Apartments Apartment Complex

Suggested Use

Top Pick Restaurant Building Supply Pharmacy Big Box & Wholesale Store HVAC Service Parking Lot & Garage

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

662
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Recently renovated pet hospital with long-term tenant near highways.
Where is this retail space located?
The property is located at 1400 Evergreen Park Dr SW Olympia, WA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Stable income stream with a high‑quality tenant.; Long‑term lease in place with over 9 years remaining on the initial term.; Tenant has multiple extension options (three 5‑year options).
More about this property
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