On average, listings lease in the $20's per square foot per year. The Olympia submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 22 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,170 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1985 and are Class B.