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Weir & I 5 Property 608 Lilly Rd SE 1.1 Acres of Commercial Land for Lease in Olympia, WA 98501
Highlights
- 1.1-acre pad site on Lilly Road SE available for ground lease or build-to-suit.
- Less than one mile from Providence St. Peter Hospital with 324 staffed beds.
- Surrounded by national tenants including Target, Albertsons, and Fred Meyer.
- Zoned HDC-4, allowing high-intensity commercial, office, and multifamily uses.
- Excellent access to Interstate 5 and adjacent to major retail corridors.
- High visibility with traffic counts exceeding 24,000 ADT on Lilly Road and 127,000 ADT on I-5.
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 1.10 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 1.10 AC |
This 1.1-acre pad site along Lilly Road SE is available for ground lease or build-to-suit development in Olympia, Washington. Strategically positioned adjacent to major arterial roads and just off Interstate 5, the property offers convenient regional connectivity and high visibility. Surrounded by national retailers, including Albertsons, DQ, Target, and Fred Meyer, the site benefits from significant traffic counts and strong co-tenancy demand. The HDC-4 zoning designation allows for a range of uses including high-intensity commercial, office, and medical services, making the property a strong candidate for healthcare-related developments. The close proximity—under one mile—to Providence St. Peter Hospital with its 324 licensed beds enhances the site’s viability for medical users. Extensive surrounding residential neighborhoods and nearby amenities further support demand from service providers and retail operators. Situated in Olympia, the capital of Washington and Thurston County’s economic hub, this site is well-positioned to serve a growing, educated, and diverse population. The area’s strong employment base in government, healthcare, and logistics, combined with direct interstate access, creates an ideal environment for users seeking visibility and convenience.
Property Overview
The property is located on Lilly Road SE in Olympia, Washington, less than one mile south of Providence St. Peter Hospital. Positioned adjacent to Plummer Street SE and close to Interstate 5, the site offers regional access with nearby arterials including Pacific Avenue SE. Surrounding development consists of commercial centers anchored by national retailers and established residential neighborhoods. Traffic counts along nearby roadways are high, and public services are accessible within the immediate area.
Property Facts
| Total Space Available | 1.10 AC | Property Subtype | Commercial |
| Property Type | Land | Proposed Use | Commercial |
| Total Space Available | 1.10 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
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Weir & I 5 Property | 608 Lilly Rd SE
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