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    2703 Capital Mall Dr Olympia, WA 98502

    For Lease
    $15 SF/Yr

    Prime Olympia location, flexible suites available.

    Lot size:
    19,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This two-story, 19,600 square foot office building at 2703 Capital Mall Dr SW, Olympia, WA 98502, offers a unique leasing opportunity. Built in 1986, the property sits on 0.6 acres and features nine total suites, with 4,415 square feet currently vacant. Spaces range from a minimum of 2,015 square feet to a maximum contiguous space of 4,415 square feet, making it suitable for a variety of business needs. The building offers a traditional office layout, executive office options, and coworking potential. The property boasts ample natural light thanks to expansive windows, creating a bright and inviting atmosphere. With 37 parking spaces available, accessibility for employees and clients is ensured. The building does not have elevators. This versatile space is ideal for businesses seeking a modern and functional workspace in a convenient Olympia location. The property's flexible layout allows for customization to meet diverse business requirements. This is a prime opportunity to secure office space in a desirable area.

    Property Features for 2703 Capital Mall Dr

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,600 SF
    Total Rate
    24500

    Building Details

    Year Built
    1986
    Stories
    2

    Unit(s) available at that property

    Space
    Availavle Space 1 - Ste 203
    Size
    2,400 SF
    Rate per SF
    $15
    Space
    Available Space 2 - Ste 202
    Size
    2,015 SF
    Rate per SF
    $15

    HighLights

    • Modern, contemporary design.
    • Spacious floor plan.
    • Abundant natural light from large windows.
    • Convenient, accessible location.
    • Ample employee & visitor parking.
    • Versatile space suitable for various commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CU Dealer Direct Financial Institution Evergreen Beauty College ... Beauty School Prew Cutz Barber Shop Primp lash & beauty ... Beauty Salon primp and refinery Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9353329
    Latitude
    47.0395706

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    FAQs

    What type of property is this?
    Coworking space - Prime Olympia location, flexible suites available.
    Where is this coworking space located?
    The property is located at 2703 Capital Mall Dr Olympia, WA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Modern, contemporary design.; Spacious floor plan.; Abundant natural light from large windows.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2703 Capital Mall Dr Olympia, WA 98502
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