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Southgate Center 5111-5211 Capitol Blvd SW 4,000 - 10,000 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 | $26.42 CAD/SF/YR $2.20 CAD/SF/MO $158,491 CAD/YR $13,208 CAD/MO | Modified Gross | |
| 1st Floor, Ste 5131 | 4,000 SF | - | Negotiable | $28.78 CAD/SF/YR $2.40 CAD/SF/MO $115,114 CAD/YR $9,593 CAD/MO | Modified Gross |
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.
- Listed rate may not include certain utilities, building services and property expenses
- Space is an outparcel at this property
- Central Air Conditioning
- Drop Ceilings
- Finished Ceilings: 11’4”
5111-5151 Capitol Blvd SW - 1st Floor - Ste 5131
High-visibility retail space available just off I-5 Exit 102, located at a signalized intersection with steady traffic flow and excellent on-site parking. Prime retail location with strong I-5 access (exit 102) and visibility. Expansive storefront windows. Open retail area with a flexible layout. Includes back stock room, private office/breakroom, and restroom. Situated within the established Southgate Retail Plaza.
- Listed rate may not include certain utilities, building services and property expenses
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 | 10,000 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 | 10,000 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
Presented by
Southgate Center | 5111-5211 Capitol Blvd SW
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