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3000 Pacific Avenue

Off-Market

3000 Pacific Avenue SE, Olympia, WA 98501

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  • Property Type Office - Government Office
  • Property Size 88,450 SF
  • Lot Size 3.49 Acre
  • Parking Spaces Avail. 278
  • Parking Ratio 3.15/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1987

Location

  • City Olympia, WA
  • Neighborhood Redwood Estates
  • Zip Code 98501
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 25 Jun, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Olympia

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Olympia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.99
  • 2020 Office Vacancy Rate 3.29%
  • 2020 Office Completions (SF)
View more Olympia market trends

Tax

  • Property Tax in 2022 $76,068
  • Market Value* $6,378,300
  • Assessed Value $6,378,300

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 3000 Pacific Avenue?

3000 Pacific Avenue totals 88,450 square feet.

When was this property built?

3000 Pacific Avenue was built in 1987.

When was 3000 Pacific Avenue last sold?

3000 Pacific Avenue was last sold on 25 Jun, 2019.

What is the property tax for 3000 Pacific Avenue?

The property tax for 3000 Pacific Avenue in 2022 was $76,068.

What is the market value for 3000 Pacific Avenue?

The market value* for 3000 Pacific Avenue in 2022 was $6,378,300.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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