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2400 Capitol Mall Dr SW
Olympia, WA 98502
Olive Garden · Retail Property For Sale

Investment Highlights

  • Located within the Capital Mall trade area—Olympia’s dominant retail destination
  • #2 restaurant location in Washington State and is within the top 5% of Olive Garden restaurants nationwide in terms of total visits (Placer.ai)
  • Olive Garden is a flagship brand of Darden Restaurants, one of America’s largest and most reputable casual dining operators
  • Features 4 years remaining on a NNN ground lease, providing passive, management-free income with no landlord responsibilities
  • Tenant reports consistently robust sales, underscoring the strength of this high-performing location
  • Olive Garden has maintained successful operations at this site for more than three decades

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
9,100 SF
Building Class
B
Year Built
1979
Tenancy
Single
Building Height
1 Story
Zoning
HDC-4
Frontage
119’ on Capitol Mall Dr SW

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
12816430300
Land Assessment
$25,023,600
Improvements Assessment
$36,923,500
Total Assessment
$61,947,100
  • Listing ID: 37655051

  • Date on Market: 9/12/2025

  • Last Updated:

  • Address: 2400 Capitol Mall Dr SW, Olympia, WA 98502

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