Property Details

404 Black Hills Ln SW

Olympia, WA 98502

$7,250,000

Available

CBA# 715016 courtesy of CBA Listing firm: The Rants Group

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I’d like more information about 404 Black Hills Ln SW, Olympia, MLS# 715016

Office / Retail

Property Type

33,007

Bldg Sq Ft

Units

7.00%

Cap Rate

1985

Year Built

Property Overview

This offering includes a portfolio of four medical office properties totaling 33,007 square feet (32,105 rentable square feet) within Olympia's established Black Hills Medical Park. The portfolio is fully occupied with modified gross leases, providing stable in-place income. Majority of the suites are individually metered for electricity and natural gas (gas at 405 only).Located adjacent to MultiCare Capital Medical Center with convenient access to Highway 101 and I-5, Black Hills Medical Park is an established medical campus serving primary care, specialty, and laboratory users. Flexible suite configurations and a strong healthcare location support long-term occupancy and investment stability.