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Corner Anchor Retail Opportunity
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400 Cooper Point Rd SW, Olympia, WA 98502

Corner shopping center opportunity with unobstructed exposure at a signalized intersection with 37,000+ cars per day.

Space Size38,000 SF
Days on Market903

Property Features for 400 Cooper Point Rd SW

General Information

Standard status Active
Size 38,000 SF
Property subtype RETAIL

Site & Location

Traffic Count 37,000 vehicles/day
Highway Access Yes
Road Access Yes

Spaces For Lease

at 400 Cooper Point Rd SW Contact us

Junior Anchor Box

Size
38,000 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE
Anchor or Junior anchor opportunity for any use: retail, grocery, entertainment,...
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Listing Agency: Wig Properties LLC
Listed By: Blake Springer-Trybus
Source: Moodyscre
Added: Mar 25, 2024 Changed: Aug 8 Last Checked: Sep 12 at 11:30AM

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 Wig Properties LLC

Investment Insights

Based on property information with market context.

This property presents an anchor or junior anchor opportunity within a shopping center configuration, with stated suitability for a wide range of uses including retail, grocery, entertainment, restaurant, medical, and office. The asset is positioned as a gateway property and is described as controlling the corner of Cooper Point Road and Harrison Ave, with unobstructed exposure to Cooper Point Road.

The location is a two-signalized intersection setting with strong street visibility, supported by traffic of 37,000+ cars per day. Convenient access is noted to Hwy 101, Capital High School, Evergreen State College, and the Cooper Point Peninsula.

The offering totals approximately 38,000 square feet.

Key Highlights

  • Anchor or junior anchor opportunity with flexible use options including retail, grocery, entertainment, restaurant, medical, or office
  • Controls the corner of Cooper Point Road and Harrison Ave with unobstructed exposure
  • Two‑signalized intersection location on Cooper Point Road

Property Analytics

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Open Analytics

Current Use

Olympia Goodwill Charitable Organization Hertz Car Rental ... Car Rental Facility BJJ OLYMPIA - Brazilian ... Training Center Emperor's Palace Restaurant Restaurant United States Postal ... Post Office

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Building Supply Electrical Service

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

37,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,449
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Cooper Point Plaza 1200 Cooper Point Rd SW, Olympia, WA 98502
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  • 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
  • Capital Mall 625 Black Lake Blvd SW, Olympia, WA 98502

Frequently Asked Questions

What type of property is this?
Shopping center - Corner shopping center opportunity with unobstructed exposure at a signalized intersection with 37,000+ cars per day.
Where is this shopping center located?
The property is located at 400 Cooper Point Rd SW Olympia, WA.
What are key features of this property?
This property features: Anchor or junior anchor opportunity with flexible use options including retail, grocery, entertainment, restaurant, medical, or office; Controls the corner of Cooper Point Road and Harrison Ave with unobstructed exposure; Two‑signalized intersection location on Cooper Point Road
(425) 785-9474 Call to check price and availability
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