4131 Martin Way E | Olympia, WA 98516
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4131 Martin Way E
Olympia, WA 98516
Martin Way Marketplace Pad · Retail Property For Sale
Investment Highlights
- Recent 5-year extensions exercised by both Starbucks and Jersey Mike’s.
- Starbucks and Jersey Mike’s have both operated at the property since construction.
- Highly accessible location directly off Interstate-5 and at the intersection of Martin Way and Sleater Kinney Rd., a primary daily-needs arterial.
- Shadow-anchored by adjacent Hobby Lobby and Tractor Supply with increased daily draw provided by a Lowe’s and a Safeway directly across Martin Way.
- High-density surrounding residential of 163,431 residents within 5 miles, providing high purchasing power in the trade area.
- Growing trade area with several new commercial developments in the submarket.
PROPERTY FACTS
Property Type
Retail
Building Size
4,916 SF
Building Class
C
Year Built
2016
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.87 AC
Zoning
HDC-4
PROPERTY TAXES
| Parcel Number | 11817131301 | Improvements Assessment | $1,071,900 |
| Land Assessment | $1,114,500 | Total Assessment | $2,186,400 |
PROPERTY TAXES
Parcel Number
11817131301
Land Assessment
$1,114,500
Improvements Assessment
$1,071,900
Total Assessment
$2,186,400
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