Grocery-Anchored Shopping
For Sale
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1520 Black Lake Blvd SW, Olympia, WA 98502
Retail center with established grocery and national tenants near Highway 101.
Property Size69,212 SF
Days on Market143
Property Features for 1520 Black Lake Blvd SW
General Information
Standard status
Active
Size
69,212 SF
Property subtype
Retail
Occupancy
75%
Site & Location
Anchor Co-Tenants
Trader Joe's
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:23AM
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 Northmarq - Seattle
Investment Insights
Based on property information with market context.
This 69,212-square-foot shopping center is anchored by Trader Joe’s and includes Petco, Barnes & Noble, and T-Mobile among its tenants. Approximately 75% of the tenant mix comprises nationally recognized retailers.
The center is located at 1520 Black Lake Blvd SW in Olympia, Washington, in the southern Puget Sound region. Its position as the first center off Highway 101 places the property along a daily commuter route.
The center is located at 1520 Black Lake Blvd SW in Olympia, Washington, in the southern Puget Sound region. Its position as the first center off Highway 101 places the property along a daily commuter route.
Key Highlights
- 69,212 SF shopping center anchored by Trader Joe’s
- Approximately 75% of the tenant mix comprises nationally recognized retailers
- Tenant roster includes Petco, Barnes & Noble, and T‑Mobile
Property Analytics
Property Profile
Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,271
Businesses Nearby
Well-served
Demand for This Use
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
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Similar Off Market Nearby
- Olympia West Center — 1520 Black Lake Blvd SW, Olympia, WA 98502
- Cooper Point Plaza — 1200 Cooper Point Rd SW, Olympia, WA 98502
- West Olympia Place — 1001 Cooper Point Rd SW, Olympia, WA 98502
- Proactiv Kiosk — 105 Mall Loop Dr SW, Olympia, WA 98502, United States
- Sunglass Hut at Macy's — 625 Black Lake Blvd SW, Olympia, WA 98502
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with established grocery and national tenants near Highway 101.
Where is this shopping center located?
The property is located at 1520 Black Lake Blvd SW Olympia, WA.
What are key features of this property?
This property features: 69,212 SF shopping center anchored by Trader Joe’s; Approximately 75% of the tenant mix comprises nationally recognized retailers; Tenant roster includes Petco, Barnes & Noble, and T‑Mobile
