4014 Martin Way E, Olympia, WA
28,020 SF retail space with high traffic visibility.
- Added:
- Oct 2, 2025
- Days on Market:
- 266
- Last Refresh:
- May 20 at 9:19 pm
Property Features for 4014 Martin Way E
General Information
- Standard status
- Active
- Size
- 27,144 SF
- Lot size
- 1.98 Acres
- Property subtype
- RETAIL
Listing agent Ryan Haddock License #SA678203000 (360) 480-6680
Listing office Kidder Mathews (360) 480-6680
Listing date Oct 2, 2025
Source Moodyscre
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
HighLights
- High visibility location on heavily traveled Martin Way with over 45,000 vehicles per day.
- Easy access to I‑5.
- Large 28,020 SF box suitable for various retail purposes.
- Located near new retailers on Sleater Kinney and Martin Way.
- Benefit from a clear height of 14' 6" throughout, with 18' in the showroom.
- Previously a furniture store and Goodwill Outlet.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $488.6k | $18.00 |
| − Vacancy | −$20.5k | −$0.76 |
| EGI | $468.1k | $17.24 |
| − OpEx | −$140.4k | −$5.17 |
| NOI | $327.6k | $12.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Olympia
- County
- Thurston
- State
- Washington
- Longitude
- -122.835
- Latitude
- 47.0484
