1401 & 1551 Kingswood Dr SW
Tumwater WA 98512
Kingswood Little Rock Retail
1401 & 1551 Kingswood Dr SW Tumwater WA 98512
Listing #: 696603 | Status: Available | Last Modified: 10/20/2025 |
For Sale
- Phone:(360) 596-9151
- Email:ryan.haddock@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,783,505.0
- Listing StatusAvailable
- Days on Market218
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 4.85 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusLand
- # of Buildings0
- # of Floors0
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF0
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF390733
- Acres8.97
- Property TypeLand
- Office Type
- Building Class
- CountyThurston
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaTumwater
- Tax ID #12703240403
- Additional Parcels12703240404
- ZoningGC
Wendy's Tumwater
20-Year Ground Leased Wendy's in Tumwater, WA, surrounded by Walmart, Home Depot, Costco, and other retailers in a newly constructed shopping center offering co-tenants Valvoline, Starbucks, Chipotle, Marriot, and a Tesla Super Charging Station. Rent commencing on May 1, 2025. 10% rent increases every five years. Tenant operates over 90 locations in Washington and Canada. Zero Landlord Responsibility.