Olympia Corner Investment
2120 State Ave NE, Olympia, WA 98506
For Lease
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Investment property with freeway access, parking, and elevator.
Space Size1,050 SF
Property Size12,738 SF
Days on Market2471
Property Features for 2120 State Ave NE
General Information
Standard status
Size
Class
Property subtype
Lease Type
Building Details
Building Size
Year Built
Tenancy
Spaces For Lease
at 2120 State Ave NE Contact usAvailable Space 2 Active
Type
Office
Lease Type
Modified Gross
Available Space Active
Size
1,050 SF
Type
Office
Lease Type
Modified Gross
Listing Agency:
Prime Locations
Listed By:
Gina McKune · License #WA
(360) 943-9922
Source:
Crexi
Added: Feb 3, 2020
Changed: Aug 8
Last Checked: Aug 8 at 11:22AM
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 Prime Locations
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Investment Insights
Based on property information with market context.
This investment property is located on the corner of State and Sawyer in Olympia, situated between Lacey and Downtown Olympia, with convenient freeway access. The building is located across the street from Vic Pizza and is within walking distance of shopping and various restaurants. The property includes 33 parking spaces, with 12 covered stalls. The building is equipped with an elevator, ensuring ADA accessibility. With one vacancy, this building presents an opportunity for an owner-occupied investment.
Key Highlights
- Excellent investment opportunity in a prime location between Lacey and Downtown Olympia.
- High visibility corner lot on State and Sawyer, across from Vic Pizza and walking distance to amenities.
- Substantial parking with 33 spaces, including 12 covered stalls.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
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Business Placement
Demographics for 98506, WA
19,198
Population
9,041
Households
2.1
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
857
Density / Sq Mi
$93,968
Median Household Income
$50,388
Median Earnings
$1,431
Median Rent
$469,700
Median Home Value
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Market
Properties on Market for Office buildings in Olympia
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Investment property with freeway access, parking, and elevator.
Where is this office building located?
The property is located at 2120 State Ave NE Olympia, WA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Excellent investment opportunity in a prime location between Lacey and Downtown Olympia.; High visibility corner lot on State and Sawyer, across from Vic Pizza and walking distance to amenities.; Substantial parking with 33 spaces, including 12 covered stalls.
