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Medical Office with Seven Offices
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300 Lilly Rd NE, Olympia, WA 98506

Private office/clinic building with seven offices, waiting room, break room, and ample parking.

Space Size2,608 SF
Days on Market665

Property Features for 300 Lilly Rd NE

General Information

Standard status Active
Size 2,608 SF
Property subtype OFFICE
Lease Type Nnn

Space & Availability

Space Use Medical Office
Private Offices 7

Spaces For Lease

at 300 Lilly Rd NE Contact us

Lilly Road Medical Building $17.95/SF/Yr

Floor
1
Size
2,608 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Updated, private office/clinic building off Lilly Road in Olympia. Seven offices,...
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Listing Agency: BHGRE Commercial Premier NW
Listed By: Jacki Nelson
Source: Moodyscre
Added: Oct 14, 2024 Changed: Aug 8 Last Checked: Aug 9 at 8:47AM

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.

Updated private office/clinic building off Lilly Road in Olympia, WA. The interior is set up with seven offices, two restrooms, a large waiting room/reception area, and a break room for day-to-day staff use. The layout also includes storage area and/or additional space that can be built out to suit tenant needs. The building totals 2,608 square feet.

Parking is a key feature, described as great parking for patients and visitors.

This configuration supports professional office use with dedicated rooms for consultations and staff areas, while keeping a central reception and waiting space for efficient client flow.

Key Highlights

  • 2,608 SF updated private office/clinic building
  • Seven offices plus large waiting room/reception
  • Two restrooms

Property Analytics

Current Use

Eye Institute of Olympia ... Ophthalmologist Christa Huddleston Physician Jennifer Hoeniges Physician Chandni Virdi Physician Kathryn Williams Physician

Suggested Use

Top Pick HVAC Service Electrical Service Law Firm Furniture & Home Goods Florist Butcher

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
$2.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,105
Businesses Nearby
Balanced
Demand for This Use

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

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?
Medical Office Space - Private office/clinic building with seven offices, waiting room, break room, and ample parking.
Where is this medical office space located?
The property is located at 300 Lilly Rd NE Olympia, WA.
What is the lease rate?
The lease rate is $17.95 SF/Yr.
What are key features of this property?
This property features: 2,608 SF updated private office/clinic building; Seven offices plus large waiting room/reception; Two restrooms
(360) 584-6583 Call to check price and availability
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