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Highlights

  • Prime Executive Office Space opportunity!
  • Flexible suite configurations with both ground-level and upper-level options.
  • Convenient location near Capital Mall with visibility along Black Lake Boulevard.
  • Well-suited for executive, professional, and client-focused office users.
  • Confidential, private offices designed to optimize productivity and client interaction.
  • Surrounded by major retailers and service providers, ensuring easy accessibility.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 400-5,000 SF
  • Negotiable
  • $21.73 CAD/SF/YR $1.81 CAD/SF/MO $108,640 CAD/YR $9,053 CAD/MO
  • Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

Ideal for Executive Office Users This property is well-suited for professionals seeking a private, high-quality workspace in a polished, client-facing environment. The space offers flexible lease options within a dynamic, mixed-use, multi-tenant center featuring a blend of office, retail, and flex tenants. Excellent fit for: • Attorneys and small law firms • CPAs, tax professionals, and financial advisors • Real estate brokers, mortgage lenders, and insurance agents • Business consultants, marketing professionals, and small service-based firms • Therapists, counselors, and other appointment-based professionals • Remote executives, entrepreneurs, and high-end freelancers Private Office Environment The property features individual private offices designed to provide confidentiality, productivity, and a professional setting for client interaction. Tenants benefit from a quiet, secure atmosphere that supports focused work while maintaining a strong business presence. Key Advantages • Professional, client-ready setting • Private, enclosed offices for confidentiality • Flexible alternative to traditional office leasing • Ideal for small teams or individual professionals • Efficient, turnkey workspace solution Strategically located with excellent visibility on Black Lake Blvd corridor.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 1 - 40 People
  • Conference Rooms
  • Private Restrooms
  • Plug & Play
  • Yard
  • Affordable Executive Office Layouts (Olympia)
  • Professional, move-in-ready environment
  • Full turnkey workspace solution
  • 2nd Floor
  • 400-5,000 SF
  • Negotiable
  • $21.73 CAD/SF/YR $1.81 CAD/SF/MO $108,640 CAD/YR $9,053 CAD/MO
  • Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

Ideal for Executive Office Users This property is well-suited for professionals seeking a private, high-quality workspace in a polished, client-facing environment. The space offers flexible lease options within a dynamic, mixed-use, multi-tenant center featuring a blend of office, retail, and flex tenants. Excellent fit for: • Attorneys and small law firms • CPAs, tax professionals, and financial advisors • Real estate brokers, mortgage lenders, and insurance agents • Business consultants, marketing professionals, and small service-based firms • Therapists, counselors, and other appointment-based professionals • Remote executives, entrepreneurs, and high-end freelancers Private Office Environment The property features individual private offices designed to provide confidentiality, productivity, and a professional setting for client interaction. Tenants benefit from a quiet, secure atmosphere that supports focused work while maintaining a strong business presence. Key Advantages • Professional, client-ready setting • Private, enclosed offices for confidentiality • Flexible alternative to traditional office leasing • Ideal for small teams or individual professionals • Efficient, turnkey workspace solution Strategically located with excellent visibility on Black Lake Blvd corridor.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 1 - 40 People
  • Conference Rooms
  • Private Restrooms
  • Plug & Play
  • Yard
  • Affordable Executive Office Layouts (Olympia)
  • Full turnkey workspace solution
  • Professional, move-in-ready environment
Space Size Term Rental Rate Rent Type
1st Floor 400-5,000 SF Negotiable $21.73 CAD/SF/YR $1.81 CAD/SF/MO $108,640 CAD/YR $9,053 CAD/MO Triple Net (NNN)
2nd Floor 400-5,000 SF Negotiable $21.73 CAD/SF/YR $1.81 CAD/SF/MO $108,640 CAD/YR $9,053 CAD/MO Triple Net (NNN)

1st Floor

Size
400-5,000 SF
Term
Negotiable
Rental Rate
$21.73 CAD/SF/YR $1.81 CAD/SF/MO $108,640 CAD/YR $9,053 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

Ideal for Executive Office Users This property is well-suited for professionals seeking a private, high-quality workspace in a polished, client-facing environment. The space offers flexible lease options within a dynamic, mixed-use, multi-tenant center featuring a blend of office, retail, and flex tenants. Excellent fit for: • Attorneys and small law firms • CPAs, tax professionals, and financial advisors • Real estate brokers, mortgage lenders, and insurance agents • Business consultants, marketing professionals, and small service-based firms • Therapists, counselors, and other appointment-based professionals • Remote executives, entrepreneurs, and high-end freelancers Private Office Environment The property features individual private offices designed to provide confidentiality, productivity, and a professional setting for client interaction. Tenants benefit from a quiet, secure atmosphere that supports focused work while maintaining a strong business presence. Key Advantages • Professional, client-ready setting • Private, enclosed offices for confidentiality • Flexible alternative to traditional office leasing • Ideal for small teams or individual professionals • Efficient, turnkey workspace solution Strategically located with excellent visibility on Black Lake Blvd corridor.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 1 - 40 People
  • Conference Rooms
  • Private Restrooms
  • Plug & Play
  • Yard
  • Affordable Executive Office Layouts (Olympia)
  • Professional, move-in-ready environment
  • Full turnkey workspace solution

2nd Floor

Size
400-5,000 SF
Term
Negotiable
Rental Rate
$21.73 CAD/SF/YR $1.81 CAD/SF/MO $108,640 CAD/YR $9,053 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

Ideal for Executive Office Users This property is well-suited for professionals seeking a private, high-quality workspace in a polished, client-facing environment. The space offers flexible lease options within a dynamic, mixed-use, multi-tenant center featuring a blend of office, retail, and flex tenants. Excellent fit for: • Attorneys and small law firms • CPAs, tax professionals, and financial advisors • Real estate brokers, mortgage lenders, and insurance agents • Business consultants, marketing professionals, and small service-based firms • Therapists, counselors, and other appointment-based professionals • Remote executives, entrepreneurs, and high-end freelancers Private Office Environment The property features individual private offices designed to provide confidentiality, productivity, and a professional setting for client interaction. Tenants benefit from a quiet, secure atmosphere that supports focused work while maintaining a strong business presence. Key Advantages • Professional, client-ready setting • Private, enclosed offices for confidentiality • Flexible alternative to traditional office leasing • Ideal for small teams or individual professionals • Efficient, turnkey workspace solution Strategically located with excellent visibility on Black Lake Blvd corridor.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 1 - 40 People
  • Conference Rooms
  • Private Restrooms
  • Plug & Play
  • Yard
  • Affordable Executive Office Layouts (Olympia)
  • Full turnkey workspace solution
  • Professional, move-in-ready environment

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 1202 Black Lake Blvd SW, Olympia, WA 98502

  • Tenant
  • Description
  • US Locations
  • Reach
  • Affordable Ehm
  • Public Administration
  • 1
  • -
  • Audrey's Bail Bonds
  • Finance Company
  • 1
  • -
  • Cross Fit Olympia
  • Fitness
  • 7,422
  • International
  • Family Education & Support Service
  • Daycare
  • 1
  • -
  • Terratran, Inc.
  • -
  • 1
  • -
  • You've Got Maids Llc
  • Cleaners
  • 37
  • National
Tenant Description US Locations Reach
Affordable Ehm Public Administration 1 -
Audrey's Bail Bonds Finance Company 1 -
Cross Fit Olympia Fitness 7,422 International
Family Education & Support Service Daycare 1 -
Terratran, Inc. - 1 -
You've Got Maids Llc Cleaners 37 National

Property Facts

Total Space Available 10,000 SF
Min. Divisible 400 SF
Property Type Retail
Gross Leasable Area 36,316 SF
Year Built/Renovated 1970/2008
Parking Ratio 4/1,000 SF

About the Property

This property offers flexible and affordable office layout options tailored for professional users seeking a private, client-facing environment. Located in a mixed-use, multi-tenant setting, the building includes individual private offices that combine confidentiality and productivity within a peaceful atmosphere. Ideal tenants include law firms, CPAs, financial advisors, real estate professionals, consultants, and other appointment-based or remote professionals. The building’s design emphasizes flexibility—suites range from 300 SF to 1,200 SF on the first floor, and from 350 SF up to 4,500 SF on the second floor—allowing businesses to scale their footprint as needed. Tenants benefit from a highly visible location on Black Lake Boulevard, close to major commercial areas and retail hubs. The property provides a professional setting with features such as enclosed offices, a quiet work environment, and turnkey solutions that serve as a flexible alternative to traditional office leases.

  • Bus Line
  • Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Orangetheory Fitness
WaFd Bank
Pho Hoa
IHOP
Five Guys
Starbucks
Trader Joe's
Haggen
Bank of America
Outback Steakhouse
  • Listing ID: 40295815

  • Date on Market: 2026-04-25

  • Last Updated:

  • Address: 1202 Black Lake Blvd SW, Olympia, WA 98502

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