Rainier View Industrial Park - 6303 Rich Rd SE

Olympia, WA 98501

• NNN Property
• Industrial for Sale
• $17,980,290 CAD
• 66,752 SF

• Security System

Olympia Industrial for Sale - Outlying Thurston County

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale Rainier View Industrial Park, a newly renovated industrial park located in Olympia, WA. The property demonstrates strong operational momentum at 85% leased with sixteen new leases executed in 2024-2025 and multiple leases pending. Over $2M worth of extensive renovations were completed in 2024-2025 and nearly all tenants operate on truly NNN leases with 3%-5% annual rent increases, providing a fully renovated and turnkey property with strong tenant demand and extremely limited competition. An additional benefit, a cost segregation study projects over $2 million in first-year bonus depreciation.

Contact:

Marcus & Millichap

Property Subtype:

Distribution

Date on Market:

2025-12-05

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MultiCare + AON Oncology - 420 McPhee Rd SW

Olympia, WA 98502

• NNN Property
• Office for Sale
• $4,340,070 CAD
• 9,555 SF

Olympia Office for Sale - Westside

Marcus & Millichap's Brown Retail Group has been selected exclusively to market for sale MultiCare + AON, a fully leased medical office building located in west Olympia, WA, just minutes from the region's two largest hospitals— MultiCare Capital Medical Center and Providence St. Peter. The property is 100% occupied by MultiCare and American Oncology Network (AON), offering stable cash flow with strong credit tenancy and long-term medical demand drivers. MultiCare recently expanded with a new 3-year lease for Suite 201, increasing its occupancy to nearly 48% of GLA, while AON executed a new 5-year lease extension, further strengthening the tenancy profile. All leases include 2.0%–3.0% annual rent increases, providing consistent income growth and inflation protection. Priced at a 7.30% cap rate, the asset delivers compelling yield supported by highly durable tenancy—Vista Oncology (now AON) has occupied since 2013 and Capital Medical Center (now MultiCare) since 2018. Built in 2013 with high-quality construction and minimal anticipated capital expenditures, the property serves a dense, affluent population base of approximately 90,000 residents within five miles with average household incomes nearing $100,000. Located in Washington, an income tax–free state, the asset offers additional investor advantages with recession-resistant healthcare tenancy and staggered lease expirations supporting predictable long-term revenue.

Contact:

Marcus & Millichap

Property Subtype:

Medical

Date on Market:

2025-12-02

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Sherwin-Williams - 5211 100th St SW

Lakewood, WA 98499

• NNN Property
• Retail for Sale
• $2,755,462 CAD
• 4,000 SF

Lakewood Retail for Sale - Univ. Place/Lakewood

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Lakewood, WA. The property is leased to Sherwin Williams, renowned for its quality paint and coating products, and established as a trusted brand in the industry. This property is positioned on a Lowe’s Home Improvement pad site, situated in the vibrant community of Lakewood, WA. This strategic location ensures high visibility and steady foot traffic. It’s located just minutes away from Lakewood Towne Center, Lakewood’s premier shopping destination. Some of the surrounding business include Hobby Lobby, 7-Eleven, Safeway, Starbucks, IHOP and much more. Sherwin Williams extended their Lease Term in August of 2020 showing their Commitment to the Site!

Contact:

MAJ Commercial Real Estate

Property Subtype:

Freestanding

Date on Market:

2025-11-20

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Multi-Tenant NNN Investment - 1107 N Callow Ave

Bremerton, WA 98312

• NNN Property
• Retail for Sale
• $4,578,429 CAD
• 17,600 SF

Bremerton Retail for Sale - CBD

Temmel Real Estate is pleased to present the opportunity to acquire a stabilized, multi-tenant NNN investment property in Bremerton, Washington. Strategically positioned on a busy, signalized corner shadow-anchored by Safeway, the property features a strong and diverse tenant mix, including 7-Eleven, Little Caesars, Metro by T-Mobile, The Reef Cannabis, and Dogpaw Design, a custom concrete contractor. The retail Tenants have long-term leases in place, offering investors predictable cash flow. Additionally, Dogpaw Design is on a month-to-month lease representing an attractive value-add or repositioning opportunity for the next Owner.

Contact:

Temmel Real Estate

Property Subtype:

Freestanding

Date on Market:

2025-11-11

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Red Robin - 3901 S Steele St

Tacoma, WA 98409

• NNN Property
• Retail for Sale
• $6,062,320 CAD
• 6,928 SF

Tacoma Retail for Sale - Tacoma Suburban

Kidder Mathews is proud to offer the opportunity to acquire the Red Robin in Tacoma, Washington, prominently positioned near the Tacoma Mall which receives approximately 7,900,000+ visitors annually. Red Robin has operated at this build-to-suit location since 1983, a testament to the restaurant’s strong performance and long-standing success in the area. This opportunity features outstanding fundamental real estate, located at the main entrance to the Tacoma Mall and surrounded by popular national retailers such as Chick-fil-A, REI, Buffalo Wild Wings and Starbucks.

Contact:

Kidder Mathews

Property Subtype:

Restaurant

Date on Market:

2025-11-05

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Bremerton Station - 4321 Wheaton Way

Bremerton, WA 98310

• NNN Property
• Retail for Sale
• $27,452,665 CAD
• 177,639 SF

Bremerton Retail for Sale - East Bremerton

MAJ Commercial Real Estate is excited to present the opportunity to acquire a Multi- Tenant NNN Lease Investment located in Bremerton, WA. The property is leased to Wilco, Floor & Décor, Grocery Outlet, and Planet Fitness, all offering long-term stability with national and regional brand recognition. Bremerton Station is strategically positioned along Wheaton Way (State Route 303) and NE Riddell Road, one of the city’s major thoroughfares with approximately 80,744 vehicles per day at the intersection. The center benefits from strong nearby anchors and a dense residential population, with convenient access to Downtown Bremerton, the Puget Sound Naval Shipyard, and ferry services to Seattle.

Contact:

MAJ Commercial Real Estate

Date on Market:

2025-11-04

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Security Contractor Services - 10107 Portland Ave E

Tacoma, WA 98445

• NNN Property
• Industrial for Sale
• $4,574,296 CAD
• 905 SF

Tacoma Industrial for Sale - Spanaway

The Property consists of a ±905 SF office on ±1.66 acres and is leased to Security Contractor Services, Inc. (“SCS” or the “Tenant”). This Property features a versatile outdoor storage yard in the attractive Seattle-Tacoma market. SCS signed a 10-year lease that commenced in January 2024 with contractual cash flow through December 2033 and 3.5% annual rent increases throughout the base term, providing the investor an average cap rate of over 7.92% through the remainder of the lease term. In Association With Kevin Adatto, WA Lic #21038208

Contact:

Northmarq

Property Subtype:

Warehouse

Date on Market:

2025-10-27

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Grocery Outlet - 23940 NE State Route 3

Belfair, WA 98528

• NNN Property
• Retail for Sale
• $8,625,028 CAD
• 17,356 SF

Belfair Retail for Sale

Northmarq is pleased to present the opportunity to acquire a recently redeveloped, corporate-leased Grocery Outlet (NASDAQ: GO) in Belfair, WA. The 17,356 SF Property—formerly a Rite Aid—was fully redeveloped to Grocery Outlet’s specifications and delivered to the tenant in May 2025, with rent commencement anticipated in October/November 2025. The 12-year NNN lease is backed by Grocery Outlet corporate, providing national credit strength, long-term income stability, minimal landlord responsibilities, and 10% rental increases in each option period. Situated along WA-3, Belfair’s primary commercial corridor, the Property benefits from excellent visibility and ±20,000 vehicles per day. Placer.ai data underscores strong grocery demand—the adjacent Safeway and QFC locations collectively see over 1.6 million annual visits—reflecting a robust and consistent customer base. The surrounding trade area features above-average household incomes exceeding $113,000 within five miles, projected population growth through 2030, and a retail vacancy rate of just 1.6%, signaling a highly constrained retail environment with strong demand for quality space. The Offering represents a rare opportunity to secure a mission-critical grocery asset, backed by Grocery Outlet corporate, in a high-barrier market with durable long-term fundamentals.

Contact:

Northmarq

Property Subtype:

Supermarket

Date on Market:

2025-09-22

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