Downtown Olympia Retail

Downtown Olympia

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
200
As of: July 19, 2017

Downtown Olympia Rates

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.

Downtown Olympia Listing Supply

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.

Downtown Olympia Community

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.

Market Report

Trends and status of the commercial real estate market in Downtown Olympia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Olympia.
Research

Olympia Submarkets