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Southgate Center 5111-5211 Capitol Blvd SW 2,200 - 8,200 SF of Retail Space Available in Tumwater, WA 98501
HIGHLIGHTS
- I-5 Exposure
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 6,000 SF | 11’4” | Negotiable | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $142,384 CAD/YR $11,865 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 5113 | 2,200 SF | 9’ - 9’2” | Negotiable | $24.36 CAD/SF/YR $2.03 CAD/SF/MO $53,589 CAD/YR $4,466 CAD/MO | Triple Net (NNN) |
5201 Capitol Blvd SW - 1st Floor
6000+/- Stand alone retail building in Southgate Shopping Center. Located in high traffic area just off I-5 Exit 102. Large storefront windows. Primarily open retail area with some offices and storage.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Central Air Conditioning
- Drop Ceilings
- Finished Ceilings: 11’4”
- I-5 Visibility
5111-5151 Capitol Blvd SW - 1st Floor - Ste 5113
An excellent retail location at a main intersection and I-5 Exit 102. Freeway visibility. Storefront windows, a back stock room, an office, and a restroom. Great on-site parking. NNN=$3.35 psf; tenant pays power directly; $1.39 psf for utilities (w/s/sw/g). See the attached list of exclusions and contact the broker for more information.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Security System
- Drop Ceilings
- Finished Ceilings: 9’ - 9’2”
- Large storefront windows
- Private restroom
- Rear office space
- Storage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT SOUTHGATE CENTER
- Burger King
- Dollar Tree
- O'Reilly Auto Parts
- Taco Bell
PROPERTY FACTS
| Total Space Available | 8,200 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 60,245 SF |
| Parking | 312 Spaces | Total Land Area | 6.25 AC |
| Stores | 6 | Year Built | 1964 |
| Center Properties | 6 |
| Total Space Available | 8,200 SF |
| Center Type | Neighborhood Center |
| Parking | 312 Spaces |
| Stores | 6 |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 60,245 SF |
| Total Land Area | 6.25 AC |
| Year Built | 1964 |
ABOUT THE PROPERTY
Stand-alone retail building in Southgate Shopping Center. Located in high traffic area just off I-5 Exit 102. Large storefront windows. Open retail area with some offices and storage. See attached list of use exclusions.
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Southgate Center | 5111-5211 Capitol Blvd SW
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