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Property profile & analytics
FOR LEASE
Retail space

7326 Martin Way E Olympia, WA 98516

25,531 SF 3.16 ac lot Built 1948
Entity Owned 8-yr Hold Free & Clear
Property ID
US90-0781494
Property summary
AI-generated overview

This exceptional 26,000 square foot, single-story office complex, built in 2020, is situated on a 3.16-acre lot (137,650 sq ft) in Olympia, Washington, at 7326 Martin Way E, zip code 98506. The property is zoned MHDC and boasts a prime location near high-traffic areas with over 28,000 vehicles passing daily. Neighbors include well-known businesses such as Winco, Starbucks, and Verizon, ensuring high visibility and accessibility. The entire building, totaling 26,000 square feet, is currently vacant and available for lease. This presents a unique opportunity for a single tenant to occupy the entire space or for multiple tenants seeking spaces ranging from a minimum of 1,750 square feet to a maximum contiguous space of 5,250 square feet. The property features one building with multiple suites, offering flexibility for various business needs. Its modern design and convenient location make it an ideal space for executive offices or other commercial ventures. The Thurston County location provides easy access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial, high-visibility commercial space in a desirable location. The APN is 11810440200.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction WOOD FRAME
Total area 25,531 SF
Lot 3.16 ac (137,650 SF)
APN 1181-04-40200
UPID US90-0781494
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
  • Carpet Liquidators Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.05M
Owner & transaction history
Carpet Liquidators R & E LLC · 8 yrs held
Carpet Liquidators R & E LLC
since 2018
2 recorded transactions
2023
Price N/A
2018
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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