1301 Yelm Hwy SE
Tumwater, WA 98501
Starbucks Drive-Thru Tumwater · Retail Property For Sale

Kidder Mathews is pleased to offer a unique, flagship Starbucks located on Yelm Highway in Tumwater, Washington. Starbucks fully restored the 110-year old Chambers Prairie Grange building. The new store is now the third largest Starbucks in the state of Washington and has served as a community gathering place since it opened in October 2018. The restoration thoughtfully preserved the original floors, doors, and window panes. Even the former grange hall stage, which was made of Douglas Fir, was saved and repurposed into and open beam area in the center of the store. All building systems are new including roof, electric, and plumbing. The property is strategically located along Yelm Highway at the "main and main" intersection of Tumwater with over 27,000 vehicles per day. The YMCA is located directly across the street creating a community hub for the area. Starbucks is adjacent to a 138 acre master planned community with 848 existing residential units on site including senior housing, mixed use, and single family homes. The lease includes 4 - 5 year option periods with 10% rental increases every 5 years (including the base term), giving a strong inflation hedge to an investor.