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Medical Office Space Adjacent to Medical Center
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3425 Ensign Rd NE, Olympia, WA 98506

Medical office space with ample on-site parking near Providence St. Peter’s Medical Center and negotiable tenant improvements.

Property Size2,991 SF
Days on Market11

Property Features for 3425 Ensign Rd NE

General Information

Standard status Active
Size 2,991 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Space Use Medical Office

Amenities

on-site parking

Building Details

Tenancy Multi
Listing Agency: The Rants Group
Listed By: Ian Zarosinski · License #139333
Source: Moodyscre
Added: Jul 20 Changed: Jul 30 Last Checked: Jul 30 at 7:12AM

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 The Rants Group

Investment Insights

Based on property information with market context.

Medical office space formerly occupied by a plastic surgery practice, offered with negotiable tenant improvements for qualified tenants. The space measures 2,991 square feet and is set up for healthcare and professional office users looking for a well-established medical office environment.

The location is conveniently adjacent to Providence St. Peter’s Medical Center, providing straightforward access to a clustered medical tenant base. Easy access and ample on-site parking are available for patients, staff, and visitors.

Lease structure is full service, with operating expenses and utilities included, subject to electrical overage provisions. This combination of a healthcare-adjacent setting and an inclusive lease framework is designed to simplify budgeting for qualifying medical and professional office tenants.

Key Highlights

  • 2,991 square feet medical office space formerly occupied by a plastic surgery practice
  • Adjacent to Providence St. Peter’s Medical Center
  • Ample on‑site parking with easy access

Property Analytics

Current Use

Rodger Lawton Dental Office Allison E. Imel, ... Physician Olympia Psychology Associates Medical Clinic Sarah C. Huntington, ... Physician Lucie R. Khadduri, ... Medical Clinic

Suggested Use

Top Pick HVAC Service Law Firm Furniture & Home Goods Electrical Service Big Box & Wholesale Store 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

Multi-tenant
Tenancy
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,072
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

Lease Benchmarks for Olympia, WA

$24.09 /SF/Yr
Avg Asking Price
$15–$42 /SF/Yr
Price Range
2,530 SF
Avg Space Size

This space is priced 74% above the average of $24.09 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space with ample on-site parking near Providence St. Peter’s Medical Center and negotiable tenant improvements.
Where is this medical office space located?
The property is located at 3425 Ensign Rd NE Olympia, WA.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: 2,991 square feet medical office space formerly occupied by a plastic surgery practice; Adjacent to Providence St. Peter’s Medical Center; Ample on‑site parking with easy access
(360) 800-5808 Call to check price and availability
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