14,796 Square Foot Retail Space For Sale @ 204 5th Avenue Southeast

Coast SVN is pleased to present the Capitol Theatre Building, a 100% occupied mixed-use building located in downtown Olympia. The property is divided into 16 suites, consisting of ground floor retail and 2nd floor office space. The Capitol Theatre Building is a stable investment property with staggered lease expirations and upside potential in lease rates.

Sales Info:
■ Cap rate: 8.0%
■ Commision split: 2.5%
■ NOI: $124,038

Location Description:
The Capitol Theatre Building is located at the signalized intersection of 5th Ave SE and Washington St SE, 1 mile from the Washington State Legislative Building.

Highlights:
■ Stable Property with Upside Rent Potential
■ Long-Term Staggered Leases
■ Small Suite Sizes Reduce Risk
■ Located at Signalized Intersection 1 Mile From State Capitol