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2703 Capital Mall Dr SW, Olympia, WA 98502

Versatile commercial space for lease in Olympia, Washington.

Space Size2,015 SF
Days on Market856

Property Features for 2703 Capital Mall Dr SW

General Information

Standard status Active
Size 2,015 SF
Property subtype Office

Building Details

Year Built 1986

Spaces For Lease

at 2703 Capital Mall Dr SW Contact us

Available Space 2 - Ste 202

Size
2,015 SF
Type
Office
The expansive windows allow for ample natural light, creating a bright and inviting...
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Listing Agency: Northfork Realty
Listed By: Todd McAntosh · License #WA 21032903
Source: Crexi
Added: Apr 3, 2024 Changed: Jul 6 Last Checked: Aug 5 at 2:07PM

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 Northfork Realty

Investment Insights

Based on property information with market context.

Located at 2703 Capital Mall Dr SW in Olympia, WA, this property offers a leasing opportunity suitable for businesses seeking a modern and versatile space. The property features contemporary architecture and a spacious interior, accommodating a range of commercial uses. Expansive windows provide ample natural light, creating a bright atmosphere. Ample parking and a convenient location enhance accessibility for both employees and visitors. The flexible layout is designed to accommodate diverse business needs and can be tailored to suit various requirements.

Key Highlights

  • Prime leasing opportunity in Olympia, WA.
  • Modern architecture and spacious interior.
  • Ample natural light from expansive windows.

Property Analytics

Current Use

CU Dealer Direct Bank Evergreen Beauty College ... Vocational School Prew Cutz Barber Shop Primp lash & beauty ... Hair Salon primp and refinery Hair Salon

Suggested Use

Top Pick HVAC Service Hotel & Motel Big Box & Wholesale Store Building Supply Electrical Service Parking Lot & Garage

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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,732
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Olympia, WA

$19.64 /SF/Yr
Avg Asking Price
$12–$29.34 /SF/Yr
Price Range
6,370 SF
Avg Space Size

This space is priced 31% below the average of $19.64 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Office space - Versatile commercial space for lease in Olympia, Washington.
Where is this office space located?
The property is located at 2703 Capital Mall Dr SW Olympia, WA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Prime leasing opportunity in Olympia, WA.; Modern architecture and spacious interior.; Ample natural light from expansive windows.
More about this property
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