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This Retail Property is no longer advertised on LoopNet.com.
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
| Parcel Number | 12816430300 | Improvements Assessment | $36,923,500 |
| Land Assessment | $25,023,600 | Total Assessment | $61,947,100 |
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
The West Olympia Retail Property at 2400 Capitol Mall Dr SW, Olympia, WA 98502 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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Videos
Matterport 3D Exterior
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Photos
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