This exceptional 28,750-square-foot industrial/office flex space presents a rare opportunity in Olympia's thriving Deschutes Industrial Park. Built in 2024, this single-story building sits on a 2.44-acre lot (106,361 square feet) and offers immediate occupancy with its entirely vacant space. The property boasts a 231-foot ceiling height, providing ample vertical space for various uses. Convenient access is ensured by four dock-high doors and four drive-in doors, facilitating efficient loading and unloading. The zoning is designated as Light Industrial, allowing for a wide range of potential businesses. The property's address is 8208 River Dr SE, Olympia, WA 98501, within Thurston County, and its APN is 44160001500. Its strategic location offers proximity to the Tumwater Warehouse District at Deschutes Landing, providing excellent logistical advantages. This is a turnkey solution for businesses seeking modern, spacious, and well-equipped industrial or flex space in a prime Olympia location. The property is ready for immediate occupancy.

Property type Office Spaces

Year built 2024

Total area 28,750 SF

Lot 2.44 ac (106,461 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

8208 River Dr Olympia, WA 98501

Olympia metro

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Value Estimation by Request
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Value Estimation by Request
4,944 SF

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Distribution properties

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Value Estimation
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Value Estimation by Request
5,000 SF

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OFFICE (GENERAL)

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Value Estimation
$2,040,000

16,950 SF

8024 Riv SE Dr

OFFICE (GENERAL)

8024 Riv SE Dr, Tumwater, WA 98501-6816

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