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Industrial Flex Suites
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170 Marvin Rd SE, Olympia, WA 98516

New industrial flex suites coming soon, offering space suitable for office, retail, or light industrial uses.

Space Size29,000 SF
Days on Market1622

Property Features for 170 Marvin Rd SE

General Information

Standard status Active
Size 29,000 SF
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 170 Marvin Rd SE Contact us

Marvin Road Industrial Park $16 – $20/SF/Yr

Floor
1
Size
29,000 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE
New industrial flex space coming soon in Hawks Prairie/Marvin Road area. Suites...
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Listing Agency: BHGRE Commercial Premier NW
Listed By: Joni Baker
Source: Moodyscre
Added: Apr 6, 2022 Changed: Sep 8 Last Checked: Sep 12 at 6:37AM

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 BHGRE Commercial Premier NW

Investment Insights

Based on property information with market context.

New industrial flex space is coming soon in the Hawks Prairie/Marvin Road area, with suites planned for a variety of tenant needs. Available configurations are designed to support office, retail, and light industrial use, with several suite sizes currently offered.

Completion is slated for spring 2023. The property is located at 170 Marvin Rd SE in Olympia, Washington 98516, providing flexible layouts for tenants looking for a single facility that can accommodate multiple commercial operating formats.

Key Highlights

  • New industrial flex space coming soon in the Hawks Prairie/Marvin Road area
  • Suites available for office, retail, or light industrial use
  • Several suite sizes available

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Auto Parts Store HVAC Service Building Supply Electrical Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

822
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98516, WA

29,443
Population
11,600
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,022
Density / Sq Mi
$92,191
Median Household Income
$52,188
Median Earnings
$1,948
Median Rent
$528,000
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
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Frequently Asked Questions

What type of property is this?
Flex space - New industrial flex suites coming soon, offering space suitable for office, retail, or light industrial uses.
Where is this flex space located?
The property is located at 170 Marvin Rd SE Olympia, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: New industrial flex space coming soon in the Hawks Prairie/Marvin Road area; Suites available for office, retail, or light industrial use; Several suite sizes available
(360) 943-9922 Call to check price and availability
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