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711 Capitol Way S, Olympia, WA 98501

Mid-century office building offers suites with high ceilings, large windows, and shared conference rooms in downtown Olympia.

Space Size2,321 SF
Days on Market162

Property Features for 711 Capitol Way S

General Information

Standard status Active
Size 2,321 SF
Property subtype OFFICE
Lease Type Full Service

Amenities

shared conference rooms
common area restrooms

Building Details

Tenancy Multi

Spaces For Lease

at 711 Capitol Way S Contact us

711 Capitol Way - Ste 606/607 $26/SF/Yr

Size
2,321 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Mid-century building in Downtown Olympia now available with tenant improvement allowance...
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Listing Agency: Kidder Mathews
Listed By: Evan Parker · License #81700
Source: Moodyscre
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 17 at 4:55AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

Mid-century office building offering available tenant suites with high ceilings and large windows. Many offices are designed to showcase 180-degree views of the Capitol Building, Capitol Lake, Budd Inlet, and the Olympic Mountains, with common area restrooms provided. The building also includes some shared conference rooms. A tenant improvement allowance is available for qualified tenants, and floorplans are available in the flyer.

Located at 711 Capitol Way S in downtown Olympia, the property is within walking distance of the Capitol campus. Current and recent occupants include Deloitte, the Board of Accountancy, Columbia Legal Services, and others.

Suites are available in a range of sizes to support different occupancy needs, with shared amenities limited to conference space and common area restrooms.

Key Highlights

  • Mid‑century downtown Olympia office building with tenant improvement allowance for qualified tenants
  • Suites range from 670 to 14,467
  • High ceilings and large windows with 180‑degree views of the Capitol Building, Capitol Lake, Budd Inlet, and the Olympic Mountains

Property Analytics

Current Use

Olympia CPA, PLLC Tax Preparation Lenders Olympia WA Loan Service US Federal Highway ... General Contractor US Surface Mining ... Sustainability Organization Northwest Hydraulic Consultants, ... Engineering Consultant

Suggested Use

Top Pick Pharmacy HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,473
Businesses Nearby

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

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 units - Mid-century office building offers suites with high ceilings, large windows, and shared conference rooms in downtown Olympia.
Where is this office units located?
The property is located at 711 Capitol Way S Olympia, WA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Mid‑century downtown Olympia office building with tenant improvement allowance for qualified tenants; Suites range from 670 to 14,467; High ceilings and large windows with 180‑degree views of the Capitol Building, Capitol Lake, Budd Inlet, and the Olympic Mountains
(360) 705-0174 Call to check price and availability
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