$2,646,683
Terminal Mixed Use
Listing Type: For Sale
Property Type: Industrial, Office
Status: Available
CBA ID#: 671294
7511 - 7515 Terminal Street
Tumwater, WA 98501

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Commercial Property

Marketing Description:

Great opportunity to acquire a fully leased asset inTumwater, adjacent to the Olympia Airport, and closeto I-5. The property consists of a 9,792 square footoffice building and an 11,698 square foot hanger/warehouse with runway access and is located in abeautiful setting, just off Tumwater Blvd, between I-5and and Capitol Blvd. Washington State Departmentof Natural Resources is the tenant in both buildingsand has leases running through 2026 & 2028respectively. Land is leased from the Port Of Olympia through 2044, with four five year extension options.

Land Features:

  • Lot Size: 330185 SqFt
  • Lot Acreage: 7.58 Acres
  • Zoning: ARI

Building Features:

  • Building Size: 26461 SqFt
  • Available Space: 26461 SqFt
  • Number of Floors: 2
  • Cap Rate: 8.25%
  • Construction: Wood
  • Year Built: 1987
This Listing Supplied Courtesy of Prime Locations, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity