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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5113 Capitol Blvd Tumwater, WA 98501

44,329 SF 0.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 44,329 square feet of leasable space in the Southgate Shopping Center, situated in Tumwater, Thurston County. The property boasts a prime location at a major intersection with convenient access to Interstate 5, Exit 102, ensuring high visibility and accessibility for customers. Currently, there are 2,200 square feet of vacant space available within the multi-tenant building, offering a chance for expansion or new business ventures. The center benefits from ample on-site parking, enhancing the shopping experience for patrons. The 0.882-acre lot provides sufficient space for the existing building and potential future development. The property's strategic location near I-5 and a busy intersection guarantees significant foot traffic and exposure to a large customer base. This makes it an ideal investment for businesses seeking a high-visibility location with strong potential for growth and profitability. The property is classified as specialty retail, offering a unique opportunity within the Tumwater market. The cross street is Trosper, further enhancing its accessibility and visibility within the local area. This is a rare opportunity to acquire a well-established retail center with significant potential for return on investment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 44,329 SF
Lot 0.88 ac (38,420 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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