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Retail Space in Gig Harbor
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5118 Point Fosdick Dr NW, Gig Harbor, WA 98335

Retail spaces available within the Olympic Towne Center.

Space Size4,205 SF
Days on Market1920

Property Features for 5118 Point Fosdick Dr NW

General Information

Standard status Active
Size 4,205 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 3,944 SF
Tenancy Multiple

Spaces For Lease

at 5118 Point Fosdick Dr NW Contact us

Inline Shop Space

Size
4,205 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Kidder Matthews
Listed By: Blake Weber · License #WA
Source: Crexi
Added: May 11, 2021 Changed: Aug 8 Last Checked: Aug 8 at 4:21AM

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 Matthews

Investment Insights

Based on property information with market context.

Located in the Point Fosdick commercial and retail core of Gig Harbor, the Olympic Towne Center is a retail project. The center includes Fred Meyer, Ocean 5, Table 47, Petsmart, Hops & Drops, Wells Fargo, and xfinity.

Key Highlights

  • Located in the heart of Gig Harbor's Point Fosdick commercial and retail core.
  • Part of the newest retail project in Gig Harbor.
  • Anchored by Fred Meyer.

Property Analytics

Current Use

Dairy Queen Restaurant

Suggested Use

Top Pick Auto Parts Store Storage Facility Big Box & Wholesale Store Garden Center Auto Repair Shop HVAC 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

NNN (Triple Net)
Lease Type
$6.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,009
Businesses Nearby
62k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 54% Dining 18% Shops & Services 14% Apparel 13%
HomeGoods Home Improvements & Furnishings
29,668 visits/mo 0.5 miles
Kitsap Credit Union Shops & Services
8,506 visits/mo 0.4 miles
Cutters Point Dining
6,090 visits/mo 0.4 miles
Ben & Jerry's Dining
4,980 visits/mo 0.4 miles
Sleep Number Home Improvements & Furnishings
3,768 visits/mo 0.4 miles

Demographics for 98335, WA

27,307
Population
11,457
Households
2.4
Avg Household Size
47
Median Age
52%
College-Educated
97%
High-School Grad
22.1 sq mi
ZIP Area
1,236
Density / Sq Mi
$130,304
Median Household Income
$65,089
Median Earnings
$1,971
Median Rent
$736,400
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Olympic Towne Center 5500 Point Fosdick Dr, Gig Harbor, WA 98335
  • Olympic Village 5500 Olympic Dr, Gig Harbor, WA 98335
  • Point Fosdick Square 4709 Point Fosdick Dr, Gig Harbor, WA 98335
  • Harbor Plaza 4904 Point Fosdick Dr, Gig Harbor, WA 98335
  • Coinstar Kiosk | Bitcoin ATM 4831 Point Fosdick Dr NW Safeway, Gig Harbor, WA 98335

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available within the Olympic Towne Center.
Where is this shopping center located?
The property is located at 5118 Point Fosdick Dr NW Gig Harbor, WA.
What is the lease rate?
The lease rate is $44 SF/Yr.
What are key features of this property?
This property features: Located in the heart of Gig Harbor's Point Fosdick commercial and retail core.; Part of the newest retail project in Gig Harbor.; Anchored by Fred Meyer.
More about this property
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