5113 Capitol Blvd Tumwater, WA 98501
- Retail properties
- 44,329 SF
- 0.88 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5113 Capitol Blvd
- Lot size
- 0.88 lot acres
- Property size
- 44,329 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tumwater
- County
- Thurston
- State
- Washington
- Longitude
- -122.911
- Latitude
- 47.0013