Capitol Blvd Assemblage 3 Retail Properties in Multiple Locations

Presenting a prime retail redevelopment assemblage located at 211 Trosper Road SW and 5301 and 5403 Capitol Boulevard SE in Tumwater, Washington. This property is situated at the heavily trafficked intersection of Trosper Road SW and Capitol Boulevard SE, providing exceptional exposure directly off the Interstate 5 interchange. The site sits along a main corridor leading to regional anchors such as Costco and Fred Meyer, and it is immediately adjacent to established brands including Starbucks and Burger King.
The offering consists of three contiguous parcels totaling 78,290 square feet, or 1.80 acres, of land zoned for General Commercial use. The site currently features approximately 7,800 square feet of existing metal warehouse structures alongside a secured yard. Buyers have the flexibility to utilize the existing buildings for immediate operations or execute a full redevelopment plan. The high-traffic hard corner location is well-suited for national retail, quick service restaurants, or mixed-use projects.
The property benefits from a strong local demographic and significant daily traffic, with Trosper Road SW seeing over 22,385 vehicles per day just east of the interchange. Within a three-mile radius, the area features 53,191 residents with an average household income approaching $100,000 and over $761 million in annual consumer spending. This local consumer base is projected to grow by an additional 5.91 percent by 2029, while the broader five-mile trade area encompasses 130,812 residents.