Multi-Suite Retail Strip
For Sale
Contact for pricing
5103-5111 Capitol Blvd SE, Tumwater, WA 98501
Six of eight retail suites are occupied, with a newly installed roof in 2025 and recently replaced HVAC systems.
Property SizeContact for details
Days on Market120
Property Features for 5103-5111 Capitol Blvd SE
General Information
Standard status
Active
Property subtype
RETAIL
Listing Agency:
CBRE
(206) 292-1600
Listed By:
Patrick Kane
(206) 605-2841
Source:
Moodyscre
Added: May 12
Changed: Aug 16
Last Checked: Aug 14 at 8:05AM
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 CBRE
Investment Insights
Based on property information with market context.
This multi-suite retail strip center includes eight total retail suites, with six currently occupied. The south portion of the center is also available for sale, offering an additional option for buyers seeking expansion within the existing property layout. Building systems have been updated, including recently replaced HVAC systems and a new roof installed in 2025.
The center is positioned for visibility along a high-traffic corridor and provides substantial customer parking with 81 parking stalls. Access is supported by four curb cuts on Capitol Blvd S, which can help facilitate efficient ingress and egress for both tenants and visitors.
For prospective purchasers, the existing mix of occupied suites and the availability of the south portion create a straightforward framework for evaluating current income and future leasing or redevelopment opportunities within the same retail asset.
The center is positioned for visibility along a high-traffic corridor and provides substantial customer parking with 81 parking stalls. Access is supported by four curb cuts on Capitol Blvd S, which can help facilitate efficient ingress and egress for both tenants and visitors.
For prospective purchasers, the existing mix of occupied suites and the availability of the south portion create a straightforward framework for evaluating current income and future leasing or redevelopment opportunities within the same retail asset.
Key Highlights
- 6 of 8 retail suites currently occupied
- New roof installed in 2025
- HVAC systems recently replaced
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Six of eight retail suites are occupied, with a newly installed roof in 2025 and recently replaced HVAC systems.
Where is this strip mall located?
The property is located at 5103-5111 Capitol Blvd SE Tumwater, WA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 6 of 8 retail suites currently occupied; New roof installed in 2025; HVAC systems recently replaced
