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Top-Floor Office Space with Views
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1115 W Bay Dr NW, Olympia, WA 98502

Spacious office with waterfront views, patios, and flexible layout.

Space Size5,588 SF
Lot Size2.28 Acres
Days on Market890

Property Features for 1115 W Bay Dr NW

General Information

Standard status Active
Size 5,588 SF
Lot size 2.28 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 1115 W Bay Dr NW Contact us

West Bay Office with Fantastic Views! $26/SF/Yr

Floor
3
Size
5,588 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
This top-floor office space boasts an expansive open floor plan, breathtaking waterfront...
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Listing Agency: The Rants Group
Listed By: Danielle Rants, CCIM · License #23029550
Source: Moodyscre
Added: Mar 20, 2024 Changed: Aug 8 Last Checked: Aug 26 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Rants Group

Investment Insights

Based on property information with market context.

This top-floor office space features an expansive open floor plan and waterfront views, complemented by multiple deck patios. The 5588-square-foot space includes six large perimeter offices, a conference room, ample storage, and a work area. A reception and waiting area are also present. The suite contains two private restrooms, one of which includes a shower. A kitchen and breakroom area with an adjacent patio are available. The large open area can accommodate more than 10 workstations, each measuring 9'x9'. The space may be divided into smaller suites.

Key Highlights

  • Breathtaking waterfront views and multiple deck patios.
  • Expansive open floor plan with flexible layout.
  • Potential to be demised into smaller suites.

Property Analytics

Current Use

Gibbs & Olson Inc Land Surveyor madrona psychological Physician Owens Davies, P.S. Law Firm Budsberg Law Group, ... Law Firm Sculpt Studio x ... Spa & Massage Center

Suggested Use

Top Pick Pharmacy Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 98502, WA

35,698
Population
15,550
Households
2.3
Avg Household Size
41
Median Age
52%
College-Educated
97%
High-School Grad
63.4 sq mi
ZIP Area
563
Density / Sq Mi
$87,154
Median Household Income
$46,404
Median Earnings
$1,569
Median Rent
$496,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Spacious office with waterfront views, patios, and flexible layout.
Where is this office units located?
The property is located at 1115 W Bay Dr NW Olympia, WA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Breathtaking waterfront views and multiple deck patios.; Expansive open floor plan with flexible layout.; Potential to be demised into smaller suites.
(360) 352-7822 Call to check price and availability
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