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2411 Chandler Ct SW 29,866 SF Office Building Olympia, WA 98502 $2,200,000 ($73.66/SF) 7.74% Cap Rate

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Investment Highlights

  • Amenity-rich location
  • Abundant free parking (4:1,000 SF)
  • Top performing asset
  • Quick, convenient freeway access to Hwy 101 & I-5
  • Recently completed remodeled
  • Tenant invested over $2M into the space

Executive Summary

Kidder Mathews and Coldwell Banker, as the exclusive advisors, is pleased to present the opportunity to acquire The 101, an Integrated Mixed-use Campus of four newly-renovated buildings of Class A office and retail space with the only US Route 101 visibility in Olympia. With its convenient access to US 101, Interstate 5, Olympia, and the greater South Sound area, The 101 is a unique opportunity for both corporate and government tenants to occupy an ideal location with limited out of pocket expense. Its location is convenient to local retail and community amenities as well. Many companies today have to choose between downtown locations close to amenities and well landscaped suburban business parks. The 101 is the perfect combination of both.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
29,866 SF
Building Class
C
Year Built
1987
Price
$2,200,000
Price Per SF
$73.66
Cap Rate
7.74%
NOI
$170,225
Tenancy
Single
Building Height
1 Story
Typical Floor Size
29,866 SF
Building FAR
1.05
Lot Size
0.65 AC
Zoning
PUD
Parking
22 Spaces (0.74 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
46790005900
Land Assessment
$503,100
Improvements Assessment
$793,200
Total Assessment
$1,296,300
  • Listing ID: 37457789

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 2411 Chandler Ct SW, Olympia, WA 98502

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