128 10Th Ave SW Olympia, WA 98501
This exceptional five-story office building, located at 128 10th Avenue SW in Olympia, Washington, presents a unique opportunity for businesses seeking flexible and well-appointed space. The building boasts a total of 54,455 square feet, with a minimum divisible space of 7,500 square feet and a maximum contiguous space of 7,500 square feet. Currently, 15,000 square feet is available for lease. The entire second and fourth floors, each approximately 7,500 square feet, are immediately available. Each floor includes eight secured parking spaces at no extra cost, a significant advantage in a busy urban setting. Additional parking is readily available for lease just one block away. The second floor offers the added convenience of two shower rooms. The building sits on a 0.18-acre lot in Thurston County, WA, 98501. The landlord is open to leasing individual offices within the larger space, offering considerable adaptability to various business needs. A negotiable lease rate is available, which includes all utilities, making budgeting straightforward and predictable. This is a truly attractive space, offering a blend of convenience, functionality, and cost-effectiveness. Contact us to schedule a viewing and explore the possibilities.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.