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Fourth-Floor Office Suite with Balcony
For Lease
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Pending

724 Columbia St NW, Olympia, WA 98501

Fourth-floor office suite in a waterfront building with balcony, two open areas, private office, and kitchenette.

Property Size1,714 SF
Days on Market650

Property Features for 724 Columbia St NW

General Information

Standard status Pending
Size 1,714 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

balcony
kitchenette
conference room access
Listing Agency: The Rants Group
Listed By: Carolyn Graden, CCIM · License #26216
Source: Moodyscre
Added: Oct 21, 2024 Changed: Jul 26 Last Checked: Aug 1 at 12:08PM

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.

Fourth-floor office space in a waterfront building with a balcony and views of the Olympics and Mt. Rainier on clear days. The current layout includes two large open areas plus a private office, along with a kitchenette within the suite.

The space is located at 724 Columbia St NW in Olympia, WA. Tenants also have access to the conference room on the 2nd floor.

This suite can be combined with Suite 420 for a total of 5,044 RSF, allowing for an expanded configuration when needed.

Key Highlights

  • Fourth‑floor office suite in a waterfront building with a balcony and views of the Olympics and Mt. Rainier on clear days
  • Current layout includes two large open areas plus a private office
  • Suite includes a kitchenette

Property Analytics

Current Use

The Rants Group Real Estate Agency Federal Motor Carrier ... Government Office Pacific Education Institute Charitable Organization Washington Forest Protection Charitable Organization Olympia Capitol Group ... Financial Advisor

Suggested Use

Top Pick Pharmacy HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,653
Businesses Nearby

Demographics for 98501, WA

45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value

Market

Lease Benchmarks for Olympia, WA

$21.22 /SF/Yr
Avg Asking Price
$7.99–$30 /SF/Yr
Price Range
1,472 SF
Avg Space Size

This space is priced 51% above the average of $21.22 /SF/Yr.

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 units - Fourth-floor office suite in a waterfront building with balcony, two open areas, private office, and kitchenette.
Where is this office units located?
The property is located at 724 Columbia St NW Olympia, WA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Fourth‑floor office suite in a waterfront building with a balcony and views of the Olympics and Mt. Rainier on clear days; Current layout includes two large open areas plus a private office; Suite includes a kitchenette
(360) 763-4994 Call to check price and availability
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