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    FOR LEASE
    Retail space

    1001 Cooper Point Rd, Olympia, WA 98502

    2,010 SF 5.05 ac lot Built 1992
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US90-1497115
    1001 Cooper Point Rd, Olympia, WA 98502 For Lease
    $32 SF/Yr 10,000 SF available
    1001 Cooper Point Rd, Olympia, WA 98502
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 1,222 square foot retail space is ideally situated in Olympia, Washington, at 1001 Cooper Point Rd SW, 98502. Located in Thurston County, this single-tenant property offers a fantastic opportunity for a business seeking high visibility and convenient access. The building's total square footage is 1,222 square feet, all of which is currently vacant and ready for immediate occupancy. The property boasts a prime corner location at the intersection of Capital Mall Drive and Cooper Point Rd, ensuring excellent exposure to a high volume of traffic. A significant advantage is the recently installed elevated monument sign on Cooper Point Rd, providing enhanced brand visibility and attracting potential customers. This property is classified as commercial retail and presents a unique chance to establish or expand a business in a thriving area of Olympia. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore this exceptional retail space.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1992
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,010 SF
    Lot 5.05 ac (219,978 SF)
    APN 4222-00-00100
    UPID US90-1497115
    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
    Current use
    Occupant on record · Public records
    • H&R Block Tax Preparation
    • Evergreen Landscaping & Ponds Landscaping General Contractor
    • McLane Elementary PTSO Charitable Organization Social Service Agency
    • Kraken Design Marketing & Advertising Advertising Agency
    • Aflac Insurance: David Stewart Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $7.20M
    Owner & transaction history
    Wig Properties LLC · 4 yrs held
    Wig Properties LLC
    since 2022
    Last sale
    $7.4M
    7 recorded transactions
    2022
    2021
    $7.4M
    2021
    2015
    2010
    $88,094
    2007
    1991
    $1.8M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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