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Capital Medical Center Buildings A&B

Off-Market

601 McPhee Road SW, Olympia, WA 98502

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  • Property Type Office - Medical Office
  • Property Size 31,465 SF
  • Lot Size 9 Acre
  • Parking Spaces Avail. 145
  • Parking Ratio 4.61/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980

Location

  • City Olympia, WA
  • Neighborhood Cooper Point
  • Zip Code 98502
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 06 Jul, 2011
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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 $48,980
  • Market Value* $4,107,000
  • Assessed Value $4,107,000

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 Capital Medical Center Buildings A&B?

Capital Medical Center Buildings A&B totals 31,465 square feet.

When was this property built?

Capital Medical Center Buildings A&B was built in 1980.

When was Capital Medical Center Buildings A&B last sold?

Capital Medical Center Buildings A&B was last sold on 06 Jul, 2011.

What is the property tax for Capital Medical Center Buildings A&B?

The property tax for Capital Medical Center Buildings A&B in 2022 was $48,980.

What is the market value for Capital Medical Center Buildings A&B?

The market value* for Capital Medical Center Buildings A&B in 2022 was $4,107,000.
*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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