Strategic South Puget Sound Location Within the Tacoma MSA
– Positioned in Olympia, the capital of Washington and a key growth market within the South Puget Sound region, the property benefits from proximity to both Tacoma and Seattle.
– Located along the Interstate 5 corridor, the area is supported by government employment, healthcare, education, military activity, and port-related commerce, creating a diverse and stable economic foundation.
– The property’s location within the Tacoma MSA provides access to one of the Pacific Northwest’s largest population centers while offering a more affordable and family-oriented suburban environment.
Purpose-Built Early Education Facility with Significant Alternative-Use Potential
– The property was purpose-built for early childhood education and features infrastructure that can appeal to a wide variety of educational, healthcare, nonprofit, and service-oriented users.
– Existing improvements, dedicated outdoor play areas, parking, and institutional-quality layout substantially reduce occupancy costs and time-to-market for a replacement operator.
– In addition to childcare operators, the asset may appeal to private schools, therapy providers, learning centers, community organizations, and other permitted users, subject to local zoning verification and municipal approvals.
Prominent Frontage Along Yelm Highway, a Primary East-West Commuter Corridor
– The property features direct frontage along Yelm Highway SE, a major arterial roadway carrying approximately 25,118 vehicles per day.
– Excellent visibility and accessibility enhance branding opportunities and support tenant recruitment from a broad residential trade area.
– The location serves as a key connection between established neighborhoods, schools, apartment communities, and major employment centers throughout the Olympia market.
Dense Concentration of Families, Schools, and Residential Growth
– The surrounding trade area contains approximately 149,281 residents and more than 64,629 households within a five-mile radius.
– Multiple elementary schools, apartment communities, and residential developments surround the property, creating a highly desirable environment for childcare, educational, and family-oriented service providers.
– Nearby communities include numerous multifamily developments and established residential neighborhoods that provide a consistent source of prospective students and customers.
