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Classic Brick Office Units
For Lease
$15-$15 SF/Yr

917 Lakeridge Way SW, Olympia, WA 98502

Office units on two floors with as-is short-term lease options; available September 2025 near Thurston County Courthouse.

Property Size6,000 SF - 12,000 SF
Days on Market183

Property Features for 917 Lakeridge Way SW

General Information

Standard status Active
Size 6,000 SF - 12,000 SF
Net Rentable 6,000 SF
Property subtype Commercial
Lease Type NNN

Space & Availability

Available Space 6,000-12,000 SF
Contiguous Space 6,000 SF
Divisible Yes
Space Use Office
Condition As-Is
Sublease No
Available From 2025-09

Lease Terms

Lease Rate $15 /USD/SF/YR
Monthly Rent $7,500-$15,000
Rent per SF/Year $15

Building Details

Year Built 1988
Construction brick
Listing Agency: KIDDER MATHEWS
Listed By: EVAN PARKER · License #81700
Source: Corcoran
Added: Jan 28 Changed: Jul 29 Last Checked: Jul 29 at 7:21PM

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.

Classic brick office building located near the Thurston County Courthouse. The property offers available office space on two levels, with 1st floor 6,000 SF and 2nd floor 6,000 SF, or a combined 12,000 SF opportunity. The lease structure is NNN.

The landlord is willing to consider a short-term lease on an “as-is” basis. Building year built is 1988.

Spaces are available starting September 2025, with options to lease individual floors or combine for a larger footprint.

Key Highlights

  • Available September 2025 for office space in a brick building
  • 1st floor 6,000 SF and 2nd floor 6,000 SF available
  • Combined 12,000 SF option across both floors

Property Analytics

Current Use

Guaranteed Education Tuition Training Center College & Career Compass ... State Government Office

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Electrical Service Pharmacy HVAC Service Restaurant

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

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

Demographics for 98502, WA

35,698
Population
15,550
Households
2.3
Avg Household Size
41
Median Age
52%
College-Educated
97%
High-School Grad
63.4 sq mi
ZIP Area
563
Density / Sq Mi
$87,154
Median Household Income
$46,404
Median Earnings
$1,569
Median Rent
$496,500
Median Home Value

Market

Lease Benchmarks for Olympia, WA

$21.22 /SF/Yr
Avg Asking Price
$7.99–$30 /SF/Yr
Price Range
1,472 SF
Avg Space Size

This space is priced 29% below the average of $21.22 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office units on two floors with as-is short-term lease options; available September 2025 near Thurston County Courthouse.
Where is this office units located?
The property is located at 917 Lakeridge Way SW Olympia, WA.
What is the lease rate?
The lease rate is $15,000 /Mo.
What are key features of this property?
This property features: Available September 2025 for office space in a brick building; 1st floor 6,000 SF and 2nd floor 6,000 SF available; Combined 12,000 SF option across both floors
More about this property
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