Olympia Rite Aid Building

305 Cooper Point Road NW, Olympia, WA 98502

  • For Lease Contact for pricing
  • 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

Spaces Available

Contacts

broker

SVN | Cascades

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable
  • Transit Score ®

    38/100 Some Transit
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does retail space at 305 Cooper Point Road NW cost?

The price for retail space for lease at 305 Cooper Point Road NW is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 305 Cooper Point Road NW?

The property has 20,118 square feet of rentable Street Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 305 Cooper Point Road NW?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 305 Cooper Point Road NW. You can find 3 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 305 Cooper Point Road NW.

Is 305 Cooper Point Road NW located in a popular area for retail businesses?

The property is part of Cooper Point, which is home to 8 other retail listings.

Other popular areas for retail businesses in Seattle include Cooper Point, Downtown Olympia, Mapleview.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

SVN | Cascades

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