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Blue Pearl Pet Hospital

$5,200,000

1400 Evergreen Park Dr SW, Olympia, WA 98502

Active
Last Updated: 08/29/2025

6

Cap Rate

336,785

NOI

Details:
Cap Rate:    6%
NOI:    $336,785
Building Size:    15,576 sqft
Lot Area:    1.2 acres
Year Built:    1985
Zoning:    PUD
Floors:    1
Year Last Renovated:    2024
Highlights:
  • Annual Tax: $ 42893.0
  • Gross Income: $ 430499.0
  • Age: 31-40 Years Old
  • Lot Size: 1-2 Acres
  • Sewer: City
  • Water: City Water
Description:

Beautiful, completely renovated Pet hospital with quality tenant. Over 9 years left on initial term of the lease. Tenant has three 5 year extension options as well. 2 minutes from Hwy 101 and Interstate 5 makes this the newest and most accessible Pet Hospital in the region. Co-Listed with Evan Parker, Kidder Mathews.

Map:
Documents:
Title
Website for THE 101
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Offering Memorandum
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Location
Gallery