Property profile

2600-2616 Yelm Hwy Olympia, WA 98501

OFF-MARKET
Office Spaces
16,379 SF 2.22 ac lot Built 1994
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Property summary

AI-generated overview

This exceptional five-building office park, known as Harris Victoria Square, presents a unique investment opportunity. Situated on a substantial 2.22-acre lot (96,371 square feet) and boasting a total of 16,379 square feet of office space, this property offers a diverse range of possibilities. The buildings, all single-story structures, were constructed in 1994 and are zoned for Neighborhood Retail use. The property's strategic location near the intersection of Boulevard Road SE and Yelm Highway provides excellent visibility and accessibility. The property's diverse tenant mix includes both medical and general office suites, catering to a variety of business needs. The property's APN is 09570018000 and is located in Thurston County. This well-established office park offers a blend of medical and general office space, making it an ideal investment for those seeking a diversified portfolio. The single-story design provides convenient access for tenants and visitors. The property's location near major roadways ensures high traffic volume and excellent visibility, making it an attractive option for businesses seeking a prominent presence. The multiple tenancy structure provides a stable income stream and opportunities for future growth. This property is an excellent opportunity to acquire a well-maintained and strategically located office park with significant potential for future development and increased profitability.

Property profile

Verified
Property type Office Spaces
Year built 1994
Total area 16,379 SF
Lot 2.22 ac (96,703 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2600-2616 Yelm Hwy Olympia, WA 98501
Olympia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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