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Property profile & analytics
OFF-MARKET
Medical Office Space

3624 Ensign Rd Olympia, WA 98506

6,140 SF Built 1977
Property ID
US90-1099063
Property summary
AI-generated overview

This 6,140 square foot medical office building, situated on a 0.75-acre lot in Olympia, Washington, presents a fantastic leasing opportunity. Built in 1977 and extensively renovated in 2019, the property boasts a prime location near St. Peter Hospital, ensuring high visibility and convenient access for patients and staff. Currently, 1,200 square feet of space is available for lease within this multi-tenant building. The available suite offers ample space for a variety of medical practices, previously serving as a women's clinic. The building offers excellent parking for tenants and visitors. For long-term leases, the landlord is offering tenant improvement allowances, providing an opportunity to customize the space to meet specific needs. The property is located at 3624 Ensign Rd NE, Olympia, WA 98506, within Thurston County. This is an exceptional opportunity to establish or expand a medical practice in a well-established and highly sought-after location. The building's recent renovations ensure modern amenities and functionality, while its proximity to St. Peter Hospital provides a significant advantage in attracting patients. Don't miss this chance to secure a prime medical office space in a thriving community.

Property profile
Verified
Property type Medical Office Space
Year built 1977
Total area 6,140 SF
UPID US90-1099063
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zachary Chen Physician
  • Vorhoff Gilbert MD Physician
  • Allen Gregory MD Physician
  • Johnson Joanne MD Physician
  • Vogelsang Ross MD Physician
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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