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Retail Space in New Shopping Center
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1401 & 1551 Kingswood Dr SW, Tumwater, WA 98512

Up to 2,400 SF available in a new retail center with national tenants and proximity to major retailers and a hotel.

Property Size2,400 SF
Days on Market1089

Property Features for 1401 & 1551 Kingswood Dr SW

General Information

Standard status Active
Size 2,400 SF
Property subtype RETAIL
Lease Type SF/yr

Site & Location

Anchor Co-Tenants Starbucks, BECU, Chipotle, Home Depot, Walmart, Marriott, Wendy's, Valvoline, Tesla
Traffic Count 25,000 vehicles/day

Additional Details

Space Use Retail

Building Details

Building Size 3,600 SF
Tenancy Multi
Listing Agency: Kidder Mathews
Listed By: Ryan Haddock · License #23080
Source: Moodyscre
Added: Aug 10, 2023 Changed: Jul 30 Last Checked: Aug 1 at 2:23PM

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 offering features up to 2,400 SF of retail space within a dynamic new shopping center in Tumwater, Washington. A new 3,600 SF building is planned to be built between Starbucks/BECU and Chipotle on Kingswood Lot 4, supporting a cohesive retail tenant mix.

The center is adjacent to Home Depot, Walmart, and a Marriott-branded hotel, creating strong day-to-day retail draw. Additional national tenants at the center include Wendy’s, Valvoline, and Tesla.

Traffic counts in the area are described as approaching 25k vehicles per day, which may support visibility and customer access for the right retail concept. Space availability is identified as up to 2,400 SF within the center.

Key Highlights

  • Up to 2,400 SF available in a new retail center
  • New 3,600 SF building to be built between Starbucks/BECU and Chipotle on Kingswood Lot 4
  • Adjacent to Home Depot, Walmart, and a Marriott‑branded hotel

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply Electrical Service Auto Parts Store Furniture & Home Goods

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

25,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby
Balanced
Demand for This Use

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Up to 2,400 SF available in a new retail center with national tenants and proximity to major retailers and a hotel.
Where is this shopping center located?
The property is located at 1401 & 1551 Kingswood Dr SW Tumwater, WA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Up to 2,400 SF available in a new retail center; New 3,600 SF building to be built between Starbucks/BECU and Chipotle on Kingswood Lot 4; Adjacent to Home Depot, Walmart, and a Marriott‑branded hotel
(360) 480-6680 Call to check price and availability
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