Building Details

Building Size 18,200 SF

Tenancy Multi

Spaces For Lease

at 118 Republican St Contact us

Lower Queen Anne Retail for Lease $40/SF/Yr

Floor

1

Size

1,484 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE, Now

Rare retail vacancies in EXPO BUILDING, a 275-unit apartment community with 18,200... SF of ground level retail. Ideal for a boutique retail, beauty/salon, wellness, medi-spa. Positioned in one of Seattle's most vibrant urban neighborhoods with strong pedestrian and vehicle traffic. Steps from the Seattle Center, Space Needle, and Climate Pledge Arena, drawing consistent year-round tourism and event-driven foot traffic. Strong co-tenancy including Agave Cocina and Tequilas, Taylor Shellfish, The Moontree Sushi and Tapas, Tyger Tyger, Sugar Bakery & Cafe and Banfield Pet Hospital. Retail Parking: 54 stalls at hourly rates (can be validated at Tenant's cost) Monthly parking available for staff in secure garage at $250/stall.

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Contact us

Listing Agency: Gibraltar, LLC Show Phone

Listed By: Laura Miller · License #17709 Show Phone

Source: Moodyscre

Added: Jul 28 Changed: Sep 10 Last Checked: Sep 21 at 10:42AM

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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 Gibraltar, LLC

Investment Insights

Based on property information with market context.

Retail space available in EXPO BUILDING, set within a 275-unit apartment community and supported by 18,200 SF of ground-level retail. The suite is currently built out as T-Mobile and can be converted to a variety of retail uses.

EXPO BUILDING is positioned near Seattle Center, Space Needle, and Climate Pledge Arena, supported by strong pedestrian and vehicle traffic from year-round tourism and event-driven foot traffic. Co-tenancy includes Agave Cocina and Tequilas, Taylor Shellfish, The Moontree Sushi and Tapas, Tyger Tyger, Sugar Bakery & Cafe, and Banfield Pet Hospital.

Retail tenants have access to 54 unreserved garage parking stalls with 1-hour validation, helping serve both visitors and daily customers.

Key Highlights

• 54 unreserved garage parking stalls for retail tenants with 1‑hour validation
• 18,200 SF of ground‑level retail within a 275‑unit apartment community
• Suite currently built out as T‑Mobile and convertible to other retail uses

Property Analytics

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Current Use

Mobile oil change ... Auto Repair Shop Expo Apartments Apartment Building Native Arts Fan ... Charitable Organization

Suggested Use

Top Pick Electrical Service Butcher (Bike/Boat/Book/etc) Store Florist Nursing Home Mobile Phone Store

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

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$6.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,931

Businesses Nearby

Explore this area Business Placement

Demographics for 98109, WA

34,551

Population

23,162

Households

1.5

Avg Household Size

32

Median Age

78%

College-Educated

98%

High-School Grad

1.9 sq mi

ZIP Area

18,185

Density / Sq Mi

$130,845

Median Household Income

$104,202

Median Earnings

$2,329

Median Rent

$986,000

Median Home Value

Market

Lease Benchmarks for Seattle, WA

$28.4 /SF/Yr

Avg Asking Price

$12–$53 /SF/Yr

Price Range

5,016 SF

Avg Space Size

This space is priced 41% above the average of $28.4 /SF/Yr.

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019

4.4% 2020

3.9% 2021

3.6% 2022

3.8% 2023

4.7% 2024

5.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Ground-level retail in EXPO BUILDING with dedicated garage parking and a space currently built out as T-Mobile.

Where is this retail space located?

The property is located at 118 Republican St Seattle, WA.

What is the lease rate?

The lease rate is $40 SF/Yr.

What are key features of this property?

This property features: 54 unreserved garage parking stalls for retail tenants with 1‑hour validation; 18,200 SF of ground‑level retail within a 275‑unit apartment community; Suite currently built out as T‑Mobile and convertible to other retail uses