885 Trosper Rd Tumwater, WA 98512
New Market Square, located at 885 Trosper Rd SW in Tumwater, WA 98512, offers prime retail space in a thriving Thurston County community. This shopping center totals 30,800 square feet and currently has 2,927 square feet of vacant space available for lease. Individual spaces range from a minimum of 1,320 square feet to a maximum contiguous space of 1,607 square feet, providing flexibility for various retail businesses. The property is conveniently situated in Tumwater, a city with a rich history and strong community ties, boasting a population of over 100,000 when combined with neighboring Lacey and Olympia. Its strategic location at the intersection of Interstate 5 and Highway 101 offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's multiple tenancy structure provides a diverse and vibrant shopping environment. This presents a unique opportunity for businesses to establish a presence in a well-established and growing market. Contact us today to learn more about leasing opportunities at New Market Square.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.