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Olympia Office Building For Sale
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1300 Evergreen Park Dr SW, Olympia, WA 98502

Office building for sale with significant available space.

Space SizeContact for details
Property Size38,632 SF
Days on Market231

Property Features for 1300 Evergreen Park Dr SW

General Information

Standard status Active
Size 38,632 SF
Property subtype Office

Building Details

Building Size 38,632 SF
Year Built 1986
Buildings 1
Listing Agency: Kidder Mathews - Tacoma
Listed By: Evan Parker · License #81700
Source: Kidder
Added: Jan 27 Changed: Sep 5 Last Checked: Jul 22 at 3:43AM

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 Kidder Mathews - Tacoma

Investment Insights

Based on property information with market context.

This office building offers a capitalization rate of 5.25% based on actual income. It features 16,537 square feet of available space on the main floor. All common areas on the main floor are complete, including two shared conference rooms, a lobby, and restrooms.

Key Highlights

  • 5.25 CAP on Actual Income
  • 16,537 SF Available on Main Floor
  • All Common Areas Completed on Main Floor

Property Analytics

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Open Analytics

Current Use

Physicians of Southwest Washington Physician

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Electrical Service HVAC Service Big Box & Wholesale Store Bakery

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

Location Intelligence

Trade Area within ½ mile

655
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building for sale with significant available space.
Where is this office building located?
The property is located at 1300 Evergreen Park Dr SW Olympia, WA.
What are key features of this property?
This property features: 5.25 CAP on Actual Income; 16,537 SF Available on Main Floor; All Common Areas Completed on Main Floor
More about this property
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