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Southgate Shopping Center (South) 6 Retail Properties Offered at $11,720,990 CAD in Multiple Locations
Investment Highlights
- National Tenants and In-Place Income
- Near Dominant Retail Hubs
- Supports a Range of Retail or Mixed-Use Outcomes
- High-Visibility & Immediate I-5 Access
- Recent Infrastructure Improvements (New Traffic Pattern)
- Assemblage Potential - Opportunity exists to coordinate with northern parcel ownership.
Executive Summary
Southgate Shopping Center presents the opportunity to acquire a stabilized retail investment in an established Tumwater commercial corridor. The property offers durable in-place income supported by a mix of tenants that includes nationally recognized brands and select long-term lease commitments.
Located along Capitol Boulevard with convenient access to I-5, Southgate benefits from strong visibility and proximity to Tumwater’s largest retail destinations, including Costco, Walmart, Fred Meyer, and Home Depot. The surrounding concentration of national retailers, services, and daily consumer traffic reinforces the property’s position within one of the area’s primary shopping corridors.
With established tenancy, consistent cash flow, and a well-located position within the greater Thurston County market, Southgate Shopping Center offers investors an income-producing retail asset with a strong operating foundation.
Located along Capitol Boulevard with convenient access to I-5, Southgate benefits from strong visibility and proximity to Tumwater’s largest retail destinations, including Costco, Walmart, Fred Meyer, and Home Depot. The surrounding concentration of national retailers, services, and daily consumer traffic reinforces the property’s position within one of the area’s primary shopping corridors.
With established tenancy, consistent cash flow, and a well-located position within the greater Thurston County market, Southgate Shopping Center offers investors an income-producing retail asset with a strong operating foundation.
Property Facts
| Price | $11,720,990 CAD | Number of Properties | 6 |
| Price / SF | $404.19 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.12% | Total Building Size | 28,999 SF |
| Sale Type | Investment | Total Land Area | 5.61 AC |
| Status | Active |
| Price | $11,720,990 CAD |
| Price / SF | $404.19 CAD / SF |
| Cap Rate | 7.12% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 28,999 SF |
| Total Land Area | 5.61 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 182 Trosper Rd SW, Olympia, WA 98501 | Retail | 1,922 SF | 1996 | - |
|
Southgate Center
5203 Capitol Blvd SW, Tumwater, WA 98501 |
Retail | 13,500 SF | 1961 | - |
|
Southgate Center
5201 Capitol Blvd SW, Tumwater, WA 98501 |
Retail | 6,000 SF | 1993 | - |
|
Southgate Center
5115 Capitol Blvd SW, Tumwater, WA 98501 |
Retail | 4,900 SF | 1975 | - |
| 110 Trosper Rd SW, Tumwater, WA 98501 | Retail | 2,350 SF | 1993 | - |
|
Southgate Center
5121 Capitol Blvd SW, Tumwater, WA 98501 |
Retail | 327 SF | 1961 | - |
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Southgate Shopping Center (South)
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