Class A Office
For Sale
$25,233,208
6500 Linderson Way, Tumwater, WA 98501
Flexible floor plates, natural light, and modern infrastructure support single-user or multi-tenant occupancy.
Property Size99,736 SF
Price / SF$253
Days on Market97
Property Features for 6500 Linderson Way
General Information
Standard status
Active
Size
99,736 SF
Class
Class A
Property subtype
Office
Zoning
General Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
High efficiency HVAC systems
Fiber Connectivity
Secure Access
Upscale lobbies
Conference rooms with state of the art equipment
Cafe/Kitchen areas throughout
Areas ideal for fitness
Rest rooms with showers
Building Details
Year Built
2003
Buildings
1
Building Size
99,736 SF
Listing Agency:
R.H. Cooke & Associates
Listed By:
Bob Cooke · License #12404
(509) 327-2282
Source:
Rhcooke.idxbroker
Added: Jul 10
Changed: Oct 3
Last Checked: Oct 12 at 4:46PM
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 R.H. Cooke & Associates
Investment Insights
Based on property information with market context.
The offering includes a 99,736-square-foot Class A office building constructed in 2003 on a landscaped commercial campus. Flexible floor plates and abundant natural light support either single-user or multi-tenant occupancy. The property includes efficient HVAC, fiber connectivity, secure access, conference rooms with modern equipment, café and kitchen areas, fitness areas, restrooms with showers, upscale lobbies, and ample parking. General Commercial zoning is in place.
Located at 6500 Linderson Way in Tumwater, Washington, the building has prominent frontage and signage along Interstate 5. The 16-acre setting includes existing water, sewer, power, and fiber optic systems. The source information also identifies potential conversion concepts including multifamily residential, hospitality, lodging, event, conference, and recreation uses.
Located at 6500 Linderson Way in Tumwater, Washington, the building has prominent frontage and signage along Interstate 5. The 16-acre setting includes existing water, sewer, power, and fiber optic systems. The source information also identifies potential conversion concepts including multifamily residential, hospitality, lodging, event, conference, and recreation uses.
Key Highlights
- 99,736‑square‑foot office building on a 16‑acre campus
- Constructed in 2003 with Class A design and modern infrastructure
- Prominent Interstate 5 frontage with signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,299,041
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,980,820
$26.0M
Cap Rate 7%
$18,557,729
$18.6M
Cap Rate 9%
$14,433,789
$14.4M
Market Conditions
NOI Build-Up for 99,736 SF
Gross rent
$2.15M $21.60/SF
− Vacancy
−$422.2K −$4.23/SF
EGI
$1.73M $17.37/SF
− OpEx
−$433.0K −$4.34/SF
NOI
$1.30M $13.02/SF
Area
Thurston County, WA
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,980,820
Cap Rate 7%
$18,557,729
Cap Rate 9%
$14,433,789
Alternative Uses
Best Use
Office B
$18.56M
$16.24M – $21.65M
NOI $1,299,041 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$29.20M
$25.55M – $34.07M
NOI $2,044,189 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
Explore this area
Business Placement
Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible floor plates, natural light, and modern infrastructure support single-user or multi-tenant occupancy.
Where is this office building located?
The property is located at 6500 Linderson Way Tumwater, WA.
What is the asking price?
The asking price for this property is $25,233,208.
What are key features of this property?
This property features: 99,736‑square‑foot office building on a 16‑acre campus; Constructed in 2003 with Class A design and modern infrastructure; Prominent Interstate 5 frontage with signage
