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    711 Capitol Way S Olympia, WA 98501

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    For Lease
    $26 SF/Yr

    Mid-century building with views and tenant improvement allowance.

    Property size:
    14,467 SF
    Lot size:
    0.88 Acres

    Property Features for 711 Capitol Way S

    General Information

    Size
    14,467 SF
    Lot size
    0.88 Acres

    Source: Kidder Mathews Agent Evan Parker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Olympia Office Space Available

    A mid-century building in Downtown Olympia offers office spaces for rent. Qualified tenants may be eligible for a tenant improvement allowance. The building features high ceilings and doors, along with large windows that provide 180-degree views of the Capitol Building, Capitol Lake, Budd Inlet, and the Olympic Mountains. Suites range in size from 670 to 14,467 square feet. Current tenants include Deloitte, the Board of Accountancy, and Columbia Legal Services. The property is within walking distance of the capitol campus and includes some shared conference rooms and common area restrooms. Additional details, including floorplans, are available in the property flyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Olympia CPA, PLLC Tax Preparation Service Lenders Olympia WA Mortgage Lender US Federal Highway ... Paving Contractor US Surface Mining ... Conservation Department Northwest Hydraulic Consultants, ... Engineering Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9017644
    Latitude
    47.0419862

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    FAQs

    What type of property is this?
    Office space - Mid-century building with views and tenant improvement allowance.
    Where is this office space located?
    The property is located at 711 Capitol Way S Olympia, WA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Enjoy **180-degree views** of the Capitol Building, Capitol Lake, Budd Inlet, and Olympic Mountains.; - Tenant improvement allowance for qualified Tenants.; - Located in Downtown Olympia, walking distance to the capitol campus.
    (360) 705-0174
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    711 Capitol Way S Olympia, WA 98501
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    Olympia, WA 98501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    711 Capitol Way S Olympia, WA 98501
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