Shelton Shopping Center For
For Sale
Contact for pricing
Pending
2505 Olympic Hwy N, Shelton, WA 98584
Fully occupied shopping center anchored by long-term tenants.
Property Size62,006 SF
Days on Market177
Property Features for 2505 Olympic Hwy N
General Information
Standard status
Pending
Size
62,006 SF
Property subtype
Retail
Occupancy
100%
Investment Type
Value Add
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
Kidder Mathews Seattle
(206) 296-9600
Listed By:
David Gellner · License #WA 112893
Source:
Crexi
Added: Feb 16
Changed: Aug 8
Last Checked: Aug 7 at 8:38AM
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 Seattle
Investment Insights
Based on property information with market context.
The Gateway Center in Shelton, Washington, presents an opportunity to acquire a 100% occupied shopping center investment. Anchored by the Department of Social & Health Services (DSHS) and Mason General Hospital, both tenants have occupied the property for over 20 years, establishing a history of consistent occupancy and reliable cash flow. The property encompasses a total size of 62006 square feet. The average rental rate is $13.42 per square foot, which is below market averages, suggesting a value-add opportunity through base rent increases and transitioning leases to NNN structures. This commercial real estate is suitable for retail and shopping center purposes.
Key Highlights
- 100% occupied shopping center investment.
- Anchored by Department of Social & Health Services (DSHS) and Mason General Hospital.
- Tenants have occupied the property for 20+ years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98584, WA
39,266
Population
17,402
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
359.5 sq mi
ZIP Area
109
Density / Sq Mi
$73,149
Median Household Income
$41,593
Median Earnings
$1,250
Median Rent
$365,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied shopping center anchored by long-term tenants.
Where is this shopping center located?
The property is located at 2505 Olympic Hwy N Shelton, WA.
What is the asking price?
The asking price for this property is $7,260,000.
What are key features of this property?
This property features: 100% occupied shopping center investment.; Anchored by Department of Social & Health Services (DSHS) and Mason General Hospital.; Tenants have occupied the property for 20+ years.
