Marcus & Millichap's Brown Retail Group has been selected exclusively to market for sale MultiCare + AON, a fully leased medical office building located in west Olympia, WA, just minutes from the region’s two largest hospitals— MultiCare Capital Medical Center and Providence St. Peter. The property is 100% occupied by MultiCare and American Oncology Network (AON), offering stable cash flow and strong tenant credit. MultiCare recently expanded its presence with a new 3-year lease for Suite 201, increasing its occupancy to nearly 48% of the building’s GLA and showing commitment to the site. All leases include annual rent increases of 2.0%–3.0%, supporting income growth and inflation protection. Priced at a 7.57% cap rate, the asset delivers compelling yield on current income. The tenants have strong historical occupancy: Vista Oncology (now AON) since 2013, and Capital Medical Center (now MultiCare CMC) since 2018. The leases are backed by MultiCare and AON, two leading healthcare providers with national reach. The property benefits from strong referral networks and sustained demand from MultiCare Capital Medical Center and Providence St. Peter Hospital. Built in 2013, the building features high-quality construction and efficient layouts, with minimal near-term capital needs. A parking lot resurface and restripe is scheduled, enhancing curb appeal and reducing future expenses. Healthcare tenants provide essential services, ensuring reliable income across market cycles. Staggered lease expirations support long-term occupancy and predictable revenue. The property draws from a dense, affluent population of roughly 90,000 residents within five miles, with average household incomes nearing $100,000. Located in Washington, an income tax-free state, the asset offers additional investor advantages.