Stabilized Multi-Tenant Investment FOR SALE


Olympia, WA - Downtown Olympia
$4,100,000 USD
360-915-5678
, Olympia, WA for Sale
$4,100,000 USD
FOR SALE
1/10
null | 8% Cap Rate

Stabilized Multi-Tenant Investment
Olympia, WA
Downtown Olympia


HIGHLIGHTS

  • Iconic downtown Olympia corner location with high visibility
  • 92% leased across 95 professional office and retail suites
  • Historic architecture with preserved marble and mahogany finishes
  • Recent capital improvements including boiler and elevator upgrades

OVERVIEW

The Security & White Buildings present a rare opportunity to acquire a high-occupancy, multi-tenant investment portfolio in the heart of Downtown Olympia. Comprised of 44,419 square feet across 95 tenant spaces and currently 93% leased, the property delivers diversified, in-place income supported by strong demand for executive office and street-level retail space. Offered at $4,100,000, this downtown corner asset combines immediate cash flow, recent capital improvements, and long-term positioning in Washington’s capital city. Security Building: Constructed, 1926 31,459 SF (26,635 RSF) Five (5) stories (retail on ground floor, four (4) floors of executive office above. White Building: Constructed, 1908 12,960 SF (10,980 RSF) Two (2) stories (retail on ground floor, offices above). Investment Snapshot: 95 Tenant Spaces 93% Leased Recent Capital Improvements Diversified Tenancy

ASK ABOUT THIS PROPERTY

Zeke RehnThe Rants GroupMore Info
360-915-5678

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Zeke RehnThe Rants GroupMore Info
360-915-5678

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.