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Retail Space in Martin Way Marketplace
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4131 Martin Way E Olympia WA 98516, Olympia, WA 98516

Retail space in Martin Way Marketplace near I-5, with national and regional tenants in a shadow-anchored center.

Property Size4,916 SF
Price / SF$864.52
Days on Market22

Property Features for 4131 Martin Way E Olympia WA 98516

General Information

Standard status Active
Size 4,916 SF
Class A
Property subtype Retail
Lease Type NNN
Investment Type Net Lease
Net Operating Income $201,708

Additional Details

Highway Access Yes

Building Details

Units 3
Tenancy Multi
Listing Agency: J & Ss Investments Inc
Listed By: Andrew Hong · License #45174
Source: Crexi
Added: Jul 19 Changed: Aug 8 Last Checked: Aug 8 at 10:51AM

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 J & Ss Investments Inc

Investment Insights

Based on property information with market context.

This retail space is located within Martin Way Marketplace in a highly accessible area near Interstate-5. The property is positioned at the intersection of Martin Way and Sleater Kinney Rd, a major arterial road that supports strong visibility for everyday shopping and dining.

The center includes tenants such as Starbucks, Buffalo Wild Wings, and Jersey Mikes with long-term leases. Martin Way Marketplace is shadow-anchored by Hobby Lobby and Tractor Supply, with additional foot traffic generated by Lowes and Safeway across the street.

The surrounding trade area is supported by nearby retail demand, with 163,431 residents within a 5-mile radius.

Key Highlights

  • Retail space in Martin Way Marketplace at 4131 Martin Way E, Olympia, WA 98516
  • Located near I‑5 in an area with easy access
  • Situated at the intersection of Martin Way and Sleater Kinney Rd (major arterial road)

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop Jersey Mike's Subs Take-out & Catering Buffalo Wild Wings ... Restaurant

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Wine and Liquor Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98516, WA

29,443
Population
11,600
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,022
Density / Sq Mi
$92,191
Median Household Income
$52,188
Median Earnings
$1,948
Median Rent
$528,000
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
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Similar Off Market Nearby

  • Olympic Barber Shop 3530 Martin Way E #4, Olympia, WA 98506
  • Coinstar Kiosk | Bitcoin ATM 4280 Martin Way E Safeway, Olympia, WA 98516
  • South Sound Center 711 Sleater Kinney Rd SE, Lacey, WA 98503
  • Market Square 700 Sleater Kinney Rd SE, Lacey, WA 98503
  • Coinstar Kiosk | Bitcoin ATM Kroger - Fred Meyer Inc, 700 Sleater Kinney Rd SE, Lacey, WA 98503

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in Martin Way Marketplace near I-5, with national and regional tenants in a shadow-anchored center.
Where is this shopping center located?
The property is located at 4131 Martin Way E Olympia WA 98516 Olympia, WA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Retail space in Martin Way Marketplace at 4131 Martin Way E, Olympia, WA 98516; Located near I‑5 in an area with easy access; Situated at the intersection of Martin Way and Sleater Kinney Rd (major arterial road)
More about this property
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