Downtown Olympia Sublease

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Downtown Olympia

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,450
As of: March 12, 2017

Downtown Olympia Rates

On average, listings lease in the $20's per square foot per year. The Downtown Olympia region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 16% decline in rent.

Downtown Olympia Listing Supply

In the last 90 days, 11 listings have come on the market, which means listings are probably 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 2,450 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1975 and are Class A.

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 market. Commute by public transit is the most popular way to get to work amongst Downtown Olympia folk. 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