Building Details

Tenancy Multi

Listing Agency: The Rants Group Show Phone

Listed By: Zeke Rehn · License #23295 Show Phone

Source: Moodyscre

Added: Oct 31, 2025 Changed: Sep 8 Last Checked: Sep 13 at 9:52AM

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Investment Insights

Based on property information with market context.

The Security & White Buildings present a multi-tenant investment portfolio totaling 44,419 square feet across 95 tenant spaces, currently 93% leased. The offering includes executive office space as well as street-level retail space, providing a blend of in-place revenue across multiple units.

Located at 203 4th Ave E in Downtown Olympia, the property is described as a downtown corner asset and is noted as having recent capital improvements. It is being offered for sale as a high-occupancy, diversified portfolio.

Key Highlights

• Multi‑tenant portfolio totaling 44,419 SF across 95 tenant spaces
• Currently 93% leased
• Includes executive office space and street‑level retail space

Property Analytics

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Current Use

Serenity Health & Wellness Crisis Center Matthew Gilbert, LMFT Marriage Or Relationship Counselor Shannon Gordon Olympia ... Psychotherapist A to Z Wellness, Zachary ... Medical Clinic Lea Finnell Townsend, ... Counselor

Suggested Use

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

93%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

2,648

Businesses Nearby

Explore this area Business Placement

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

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 building - Multi-tenant portfolio with street-level retail, 93% leased across 95 office and retail spaces.

Where is this office building located?

The property is located at 203 4th Ave E Olympia, WA.

What is the asking price?

The asking price for this property is $4,100,000.

What are key features of this property?

This property features: Multi‑tenant portfolio totaling 44,419 SF across 95 tenant spaces; Currently 93% leased; Includes executive office space and street‑level retail space