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2404 Chandler Ct SW
Olympia, WA 98502
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Excellent proximity—just 10 minutes to downtown Olympia, 15 minutes to I-5, and approximately 60 minutes to both Sea-Tac Airport and the Seattle metro
  • Prime West Olympia location offers excellent Highway 101 visibility and access.
  • Strong tenant mix includes government agencies with long-term leases in place.
  • The property is fully leased, generating stable income with a 7.5% cap rate.

EXECUTIVE SUMMARY

100% LEASE VALUE ADD OPPORTUNITY

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
31,452 SF
Building Class
C
Year Built
1989
Price
$9,422,460 CAD
Price Per SF
$299.58 CAD
Cap Rate
7.86%
NOI
$740,597 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,651 SF
Slab To Slab
10’
Building FAR
0.48
Lot Size
1.52 AC
Zoning
PUD
Parking
100 Spaces (2.61 Spaces per 1,000 SF Leased)

AMENITIES

  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 46790006000
  • 46790006100
  • 46790005900
  • 46790006001
  • 46790005800
Land Assessment
$2,590,396 CAD
Improvements Assessment
$17,108,140 CAD
Total Assessment
$19,698,536 CAD
  • Listing ID: 37739093

  • Date on Market: 2025-09-19

  • Last Updated:

  • Address: 2404 Chandler Ct SW, Olympia, WA 98502

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