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Prime Retail Space with Drive-Thru
For Lease
Contact for pricing

305 Cooper Point Road NW, Olympia, WA 98502

Exceptional retail opportunity with high visibility and ample space.

Space Size20,118 SF
Days on Market261

Property Features for 305 Cooper Point Road NW

General Information

Standard status Active
Size 20,118 SF
Property subtype Retail

Building Details

Building Size 20,118 SF
Year Built 2006

Spaces For Lease

at 305 Cooper Point Road NW Contact us

Former Olympia Rite Aid

Size
20,118 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: SVN | Cascades
Listed By: Ken Davis
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: May 8 at 9:12PM

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 SVN | Cascades

Investment Insights

Based on property information with market context.

This 20,118 square foot retail property offers a prominent location with high traffic volume, exceeding 50,000 vehicles per day. The space features high ceilings and ample storefront glass, creating an inviting environment for showcasing merchandise. Situated on a highly visible corner, the property ensures maximum exposure and foot traffic, making it suitable for retail businesses seeking a prominent presence. The property includes a drive-thru. The surrounding area is known for its vibrant local businesses and robust consumer traffic, with close proximity to attractions such as the Olympia Farmers Market, Capitol Theater, and Percival Landing. This location presents an opportunity for businesses to thrive and engage with a diverse customer base. Excellent co-tenants are present. The property is subject to Rite Aid bankruptcy proceedings.

Key Highlights

  • High‑traffic location with over 50,000 Vehicles Per Day (VPD) on a controlled hard corner.
  • Substantial 20,118 SF space suitable for a variety of retail uses, including drive‑thru accessibility.
  • High ceilings and ample storefront glass create an attractive and inviting retail environment.**

Property Analytics

Current Use

Rite Aid Pharmacy Pharmacy CDReload - Online Bitcoin ... Atm LibertyX Bitcoin ATM Atm Rite Aid Pharmacy Hassana Iredia Pharmacy

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Building Supply Storage Facility Kitchen & Bath Showroom 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
Balanced
Demand for This Use

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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Similar Off Market Nearby

  • Ames Fred M 3900 Capital Mall Dr SW, Olympia, WA 98502
  • The Vitamin Shoppe 1111 Cooper Point Rd SW, Olympia, WA 98502
  • Pharmacy | Kaiser Permanente West Olympia Medical Center 1200 Cooper Point Rd SW STE 100, Olympia, WA 98502
  • Milen Skin Therapy 800 Yauger Way SW, Olympia, WA 98502
  • Amazing Comfort 625 Black Lake Blvd SW, Olympia, WA 98502

Frequently Asked Questions

What type of property is this?
Drug store - Exceptional retail opportunity with high visibility and ample space.
Where is this drug store located?
The property is located at 305 Cooper Point Road NW Olympia, WA.
What are key features of this property?
This property features: High‑traffic location with over 50,000 Vehicles Per Day (VPD) on a controlled hard corner.; Substantial 20,118 SF space suitable for a variety of retail uses, including drive‑thru accessibility.; High ceilings and ample storefront glass create an attractive and inviting retail environment.**
More about this property
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