Most listings are in the $40's per square foot per year. The Downtown Olympia submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% increase in rent.
In the last 90 days, 11 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 73% of the available leases in the Downtown Olympia are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 200 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Olympia residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.