Swedish Health Systems Expansion
For Lease
Contact for pricing
103 12th Ave, Seattle, WA 98122
Swedish Health Systems expanding First Hill campus with new acute care.
Space Size1,975 SF - 1,982 SF
Property Size3,957 SF
Days on Market1045
Property Features for 103 12th Ave
General Information
Standard status
Active
Size
1,975 SF - 1,982 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
3,957 SF
Tenancy
Multiple
Spaces For Lease
at 103 12th Ave Contact us- Size
- 1,982 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 101
- Size
- 1,975 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 102
Listing Agency:
Kidder Matthews
Listed By:
Blake Weber · License #WA
Source:
Crexi
Added: Oct 12, 2023
Changed: Aug 21
Last Checked: Aug 21 at 4:22PM
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 Kidder Matthews
Investment Insights
Based on property information with market context.
The Swedish Health Systems First Hill expansion project involves a new acute care facility and a second building expansion that will include outpatient and imaging services. This development will more than double the campus size from approximately 1,500,000 square feet to 3,150,000 square feet, making it the Puget Sound region's largest health care development. The $1,300,000,000 expansion is among the largest in the country for the health care sector. Completion is anticipated in Fall 2027. The 12-story North Tower will feature two dozen advanced operating suites and a 31-room emergency department, including eight rooms dedicated to behavioral health care. Swedish will initially open the North Tower with 72 beds, with plans to add 108 more.
Key Highlights
- Largest health care development in the Puget Sound region (3,150,000 SF).
- New acute care facility with outpatient and imaging services.
- State‑of‑the‑art facility with two dozen advanced operating suites.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
10,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 98122, WA
41,646
Population
24,942
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
18,107
Density / Sq Mi
$106,479
Median Household Income
$69,673
Median Earnings
$1,991
Median Rent
$929,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hospital - Swedish Health Systems expanding First Hill campus with new acute care.
Where is this hospital located?
The property is located at 103 12th Ave Seattle, WA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Largest health care development in the Puget Sound region (3,150,000 SF).; New acute care facility with outpatient and imaging services.; State‑of‑the‑art facility with two dozen advanced operating suites.
