Former Rite Aid 909 E Yelm Ave 13,738 SF Retail Building Yelm, WA 98597 $3,800,000 ($276.61/SF)

Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a freestanding 13,738 SF retail building on 1.78 acres in Yelm, WA, featuring a large-format layout with abundant parking and a rare double drive-thru, ideal for retail, medical, fitness, or service users. The property benefits from being located adjacent to a Safeway grocery store ranked in the top 4% nationwide (1.2M+ annual visits); directly across from Nisqually Plaza, Yelm's dominant shopping center (1M+ annual visits); and on Yelm Avenue (State Route 507/510) with excellent visibility to over 18,000 VPD. The reinforced concrete construction offers durable, institutional-quality building with long-term utility. The property is located at a signalized intersection, features multiple points of ingress/egress, and is surrounded by national retailers including Grocery Outlet, Harbor Freight, O'Reilly Auto Parts, Goodwill, Dollar Tree, Jiffy Lube, Les Schwab, Tractor Supply, and Walmart. The property features flexible C-1 zoning, allowing retail, mixed-use, education, public safety, and senior living uses. The area demographics are strong, with 5-mile population growth of 74% since 2000, average household incomes nearing $100,000, and median home values under $400,000, reflecting robust growth and discretionary spending. Washington State's income tax-free environment further enhances investor returns.