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1200 Cooper Point Rd SW
Olympia, WA 98502
Retail Property For Sale
Investment Highlights
- Dominant regional shopping desitnation
- The Center has a compound annual growth rate of 12.56% over the initial 10-year hold
- Ability to reposition the Center by capitalizing on robust anchor interest
- The Center is anchored by HomeGoods, Ashley Furniture, and Kaiser Permanente providing a solid tenant mix and regional draw to the Center
- An LOI is being finalized with a national retail anchor, which will expedite further lease-up and create significant draw
- The Center's layout provides potential future break-up value consisting of four separate buildings, including three free-standing multi-tenant pads
Property Facts
Property Type
Retail
Building Size
178,451 SF
Building Class
B
Year Built
2000
Percent Leased
54%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.27
Lot Size
15.04 AC
Zoning
HDC-4 - HDC-4 (High Density Corridor-4)
Parking
670 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $14,677,000 | |
| Land Assessment | $14,271,800 | Total Assessment | $28,948,800 |
Property Taxes
Parcel Numbers
Land Assessment
$14,271,800
Improvements Assessment
$14,677,000
Total Assessment
$28,948,800
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