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Professional Office Building
For Lease
$1,126/Mo

3905 Martin Way E, Olympia, WA 98506

Office building with ample front and rear parking and convenient access to I-5 and downtown Olympia and Lacey.

Space SizeContact for details
Property Size1,126 SF
Days on Market51

Property Features for 3905 Martin Way E

General Information

Standard status Active
Size 1,126 SF
Property subtype Commercial

Building Details

Year Built 1988
Listing Agency: COLDWELL BANKER COMMERCIAL DANFORTH
Listed By: BOB FREDRICKSON, CCIM · License #8077
Source: Corcoran
Added: Jun 17 Changed: Jul 10 Last Checked: Jul 30 at 9:27AM

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 COLDWELL BANKER COMMERCIAL DANFORTH

Investment Insights

Based on property information with market context.

This professional office building offers an accessible, practical setup for office tenants, with plenty of parking available in both the front and rear of the property. The building’s configuration supports everyday business operations, with on-site parking that can help accommodate employees and visitors.

The property is located on Martin Way near I-5, positioned between downtown Lacey and downtown Olympia. The area is described as having high traffic, and there are several restaurants within walking distance, supporting convenience for staff and clients.

For tenants seeking a straightforward office location with easy freeway access and ample parking, this building fits well. Its proximity to downtown Olympia and Lacey can be helpful for commuting and client access, while the nearby dining options provide additional day-to-day convenience. This is a practical option for businesses that want a visible, well-served office address and parking-focused site design.

Key Highlights

  • Professional office building built in 1988
  • Easy access to I‑5 and downtown Olympia and Lacey
  • Ample parking in front and rear of the building

Property Analytics

Current Use

meridian campus, lacey ... Real Estate Agency Haley Chatfield - Real ... Real Estate Agency We Buy Houses ... Real Estate Agency Soul Made Whole Counselor Holly Fisher Realtor Real Estate Agency

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Catering Service Butcher Florist

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

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?
Office building - Office building with ample front and rear parking and convenient access to I-5 and downtown Olympia and Lacey.
Where is this office building located?
The property is located at 3905 Martin Way E Olympia, WA.
What is the lease rate?
The lease rate is $1,126/Mo.
What are key features of this property?
This property features: Professional office building built in 1988; Easy access to I‑5 and downtown Olympia and Lacey; Ample parking in front and rear of the building
More about this property
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