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Red Robin NNN Property
For Sale
Contact for pricing
Pending

600 Cooper Point Rd SW, Olympia, WA 98502

Freestanding restaurant occupied by a single tenant at Capital Mall in Olympia.

Property SizeContact for details
Days on Market141

Property Features for 600 Cooper Point Rd SW

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Newmark - Seattle
Listed By: Billy Sleeth · License #WA 88059
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 5:23PM

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 Newmark - Seattle

Investment Insights

Based on property information with market context.

This freestanding NNN property is occupied by Red Robin and operates as a single-tenant restaurant at Capital Mall. The restaurant has been operating at this location for over 30 years, providing an established operating history at the site.

The property is located at 600 Cooper Point Rd SW in Olympia, Washington. An absolute NNN lease is in place with 5 years of remaining term. Under the stated lease structure, the property is positioned as a single-tenant asset with no landlord responsibilities identified in the lease description.

Key Highlights

  • Freestanding single‑tenant Red Robin restaurant
  • Absolute NNN lease structure
  • 5 years of lease term remaining

Property Analytics

Current Use

Donatos Pizza Restaurant Red Robin Gourmet ... Restaurant

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Florist

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,629
Businesses Nearby

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

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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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant occupied by a single tenant at Capital Mall in Olympia.
Where is this nnn property located?
The property is located at 600 Cooper Point Rd SW Olympia, WA.
What are key features of this property?
This property features: Freestanding single‑tenant Red Robin restaurant; Absolute NNN lease structure; 5 years of lease term remaining
(206) 518-9567 Call to check price and availability
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