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Large-Format Retail Space
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4014 Martin Way E, Olympia, WA 98506

High-visibility retail space with substantial showroom and box-store configuration near I-5 access.

Property Size27,144 SF
Days on Market853

Property Features for 4014 Martin Way E

General Information

Standard status Active
Size 27,144 SF
Net Rentable 28,020 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 28,020 SF
Contiguous Space 28,020 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 28,020 SF
Listing Agency: Kidder Mathews
Listed By: Ryan Haddock · License #23080
Source: Moodyscre
Added: Apr 2, 2024 Changed: Jul 31 Last Checked: Aug 1 at 1:54PM

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

Investment Insights

Based on property information with market context.

This large-format retail space offers 27,144 square feet along Martin Way in Olympia. The property includes 14-foot, 6-inch clear height throughout, with an 18-foot clear height in the showroom, supporting a substantial retail and showroom layout.

The property is located on heavily traveled Martin Way, with over 45,000 vehicles per day and easy access to I-5. It is near new retailers on Sleater Kinney and Martin Way. The space was previously occupied by a furniture store and Goodwill Outlet.

Key Highlights

  • 27,144‑square‑foot retail space on Martin Way
  • Over 45,000 vehicles per day
  • Easy access to I‑5

Property Analytics

Current Use

Olympia Goodwill Outlet Discount Store

Suggested Use

Top Pick Electrical Service Auto Parts Store HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,663
Businesses Nearby

Demographics for 98506, WA

19,198
Population
9,041
Households
2.1
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
857
Density / Sq Mi
$93,968
Median Household Income
$50,388
Median Earnings
$1,431
Median Rent
$469,700
Median Home Value

Market

Lease Benchmarks for Olympia, WA

$18.25 /SF/Yr
Avg Asking Price
$13–$26 /SF/Yr
Price Range
2,723 SF
Avg Space Size

This space is priced 18% below the average of $18.25 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail space with substantial showroom and box-store configuration near I-5 access.
Where is this retail space located?
The property is located at 4014 Martin Way E Olympia, WA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 27,144‑square‑foot retail space on Martin Way; Over 45,000 vehicles per day; Easy access to I‑5
(360) 480-6680 Call to check price and availability
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