Three-Office Leaseback
1780 Barnes Blvd SW Tumwater, WA 98512
1780 Barnes Blvd SW, Tumwater, WA, 98512
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For Sale
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Pending
Three office buildings in Ridgeview Office Park are offered with existing lease terms and renewal options.
Property Size8,688 SF
Days on Market103
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 Updated: Jul 21 at 11:58AM Checked: Jul 21 at 11:58AM
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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.
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
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
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