Olympia Rite Aid Building

For Lease

305 Cooper Point Road NW, Olympia, WA 98502

You can currently find 1 retail space(s) available for lease at Olympia Rite Aid Building. Designated use type for space listed here includes street retail. Current retail listings at this property total 20,118 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Olympia Rite Aid Building.

Space Available For Lease 1

Contacts

broker
Ken Davis

SVN | Cascades

Property Details

  • Property Type Retail - Street Retail
  • Property Size 20,118 SF
  • Lot Size 1.56 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2006
  • Year Renovated 2023
  • Date Updated Aug 4, 2025
Immerse yourself in the dynamic retail landscape surrounding the former Olympia Rite Aid Building. Situated in an area known for its vibrant local businesses and robust consumer traffic, this prime location offers close proximity to popular attractions such as the Olympia Farmers Market, Capitol Theater, and Percival Landing. The bustling retail community, paired with the strong sense of local pride, creates an inviting environment for retail and street retail investors or tenants seeking to make a mark in a thriving marketplace. With its mix of eclectic shops, trendy dining spots, and cultural hotspots, this area presents an exciting opportunity for businesses to thrive and engage with a diverse customer base.Presenting an exceptional investment opportunity in the Olympia area, this 20,118 SF retail property boasts a prime location and impressive features. Built in 2006 and recently renovated in 2023, the building offers modern infrastructure and aesthetics, appealing to retail and street retail investors seeking a contemporary space for their ventures. With a Commercial zoning and an impressive surrounding occupancy rate, this property presents a compelling chance for investors to capitalize on an asset in a coveted market. Don't miss this chance to secure a prominent position in the thriving Olympia retail landscape with this outstanding property.Elevate your retail business with this exceptional leasing opportunity. Boasting 20,118 SF, this property offers a prime location with over 50,000 VPD. Featuring high ceilings and ample storefront glass, the space provides an inviting setting to showcase merchandise and capture the attention of passing customers. Situated on a highly visible corner, the property ensures maximum exposure and foot traffic for retail tenants, making it an ideal choice for businesses seeking a prominent presence in a bustling retail environment. Don't miss the chance to establish your retail business in this coveted, high-impact location and unlock its full potential. **Subject to Rite Aid Bankruptcy Proceedings
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 20,118 SF w/drive thru
  • Ample Storefront Glass
  • Excellent Co-Tenants
  • High Ceilings
  • Over 50,000 VPD on fully controlled hard corner

Getting around

  • 69/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Olympia, WA
  • Neighborhood Cooper Point
  • Zip Code 98502
  • Market Seattle

Points of Interest

  • Capital Aeroporter Airport Shuttle

    1.78 miles

  • Olympia-Lacey

    7.99 miles

  • Safeway Fuel Station

    0.04 miles

  • Shell Recharge

    0.10 miles

  • Electrify America

    0.30 miles

  • Shell

    0.52 miles

  • Texaco

    0.75 miles

  • ChargePoint

    1.27 miles

  • Chevron

    1.59 miles

  • bp pulse

    1.61 miles

  • arco

    1.61 miles

  • 7-Eleven

    1.86 miles

  • Truck/Trailer

    1.12 miles

  • Electric Car

    1.26 miles

  • Capital House Apartments Resident Parking

    1.28 miles

  • Lot A

    1.63 miles

  • Lot B

    1.69 miles

  • handicapped parking

    1.69 miles

  • Lot H

    1.71 miles

  • Lot J

    1.73 miles

  • Lot G

    1.73 miles

  • Lot F

    1.79 miles

  • Pad Thai Express

    0.04 miles

  • Herfy's Burgers

    0.05 miles

  • Domino's

    0.05 miles

  • Mod Pizza

    0.06 miles

  • Hot Iron Mongolian Grill

    0.08 miles

  • Emperor's Palace

    0.14 miles

  • Papa Murphy's

    0.15 miles

  • MOD Pizza

    0.19 miles

  • Burger King

    0.19 miles

  • Honey Baked Ham

    0.24 miles

  • Safeway

    0.13 miles

  • Macy's Furniture Gallery

    0.18 miles

  • Target

    0.28 miles

  • Ross

    0.40 miles

  • TJ Maxx

    0.49 miles

  • Capital Mall - Westfield

    0.50 miles

  • Macy's

    0.52 miles

  • JCPenney

    0.60 miles

  • Big Lots

    0.61 miles

  • Grocery Outlet

    0.70 miles

305 Cooper Point Road NW Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    305 Cooper Point Road NW is located in Cooper Point, which is home to a total of 8 listing(s). The rent for retail space at 305 Cooper Point Road NW is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 20,118 square feet of retail space for lease. Of this total, 20,118 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    305 Cooper Point Road NW was last renovated in 2023.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Cooper Point is 38. The average household income here is $87,154 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ken Davis

SVN | Cascades

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.