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Class A Tower with Retail
For Lease
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1000 Olive Way, Seattle, WA 98101

546,000 SF Class A tower with retail space available.

Space SizeContact for details
Days on Market274

Property Features for 1000 Olive Way

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Greg Inglin
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 23 at 8:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greg Inglin

Investment Insights

Based on property information with market context.

This Class A tower offers approximately 546,000 square feet of space, including approximately 12,000 square feet of retail space. The building features floor plates of approximately 36,500 square feet. A rooftop indoor/outdoor amenity deck is available. The property is situated on a 1.17-acre, full-block site. The 16-story building features a 13'8" slab to slab height and a 10’ ceiling height. The property is targeting LEED Gold certification. The large floor plates have limited columns. Two 3,000 square foot terraces are located off the 2nd-floor main lobby. Street-level bike storage and service stations are available, as well as private showers and lockers. The building includes a code +2 fixture count, including one unisex restroom per floor. The property has a 99 Walk Score, a 100 Transit Score, and an 83 Bike Score. Estimated delivery is Q4 2023.

Key Highlights

  • ± 546,000 SF Class A Tower with ± 36,500 SF Floor Plates
  • Enjoy the Rooftop Indoor / Outdoor Amenity Deck
  • Excellent Location: 99 Walk Score, 100 Transit Score, 83 Bike Score

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Electrical Service Pet Store Pet Store & Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

18,928
Businesses Nearby

Demographics for 98101, WA

16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$32.75 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
32,937 SF
Avg Space Size

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 546,000 SF Class A tower with retail space available.
Where is this office building located?
The property is located at 1000 Olive Way Seattle, WA.
What are key features of this property?
This property features: ± 546,000 SF Class A Tower with ± 36,500 SF Floor Plates; Enjoy the Rooftop Indoor / Outdoor Amenity Deck; Excellent Location: 99 Walk Score, 100 Transit Score, 83 Bike Score
More about this property
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