Spaces For Lease

at 400 Spring St Contact us

Executive Pacific Retail Space

Floor

1

Size

775 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE, Now

Sublease

No

775 Square Feet of street front retail along Spring Street. Partially built out former... Salon Space ready for immediate build out to complete renovations to suit the new tenant's needs. Tenant's operations should service the hotel guests as well as office workers in the surrounding downtown business core. 153 Hotel rooms provide daily customer base and location sits next to the lobby of the Executive Pacific Hotel. Reach out with any questions or for more information.

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Listing Agency: Paragon Real Estate Advisors Show Phone

Listed By: Mitch Battison

Source: Moodyscre

Added: May 8, 2024 Changed: Aug 8 Last Checked: Aug 24 at 12:29PM

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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 Paragon Real Estate Advisors

Investment Insights

Based on property information with market context.

This 775 square foot retail space is located on Spring Street. The space, formerly a salon, is partially built out and ready for renovations to suit a new tenant's needs. The location is adjacent to the lobby of the Executive Pacific Hotel, which has 153 rooms, providing a customer base. The tenant's operations should service the hotel guests as well as office workers in the surrounding downtown business core.

Key Highlights

• Street front retail location on Spring Street
• 153 Hotel rooms provide a daily customer base
• Located next to the lobby of the Executive Pacific Hotel

Property Analytics

Property Profile

Current Use

Executive Hotel Pacific Hotel & Motel tacoma international Airport

Suggested Use

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

NNN (Triple Net)

Lease Type

$4.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

23,506

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Seattle, WA

$29.56 /SF/Yr

Avg Asking Price

$12–$50 /SF/Yr

Price Range

9,719 SF

Avg Space Size

This space is priced 8% above the average of $29.56 /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 - 775 SF street-front retail space in downtown Seattle.

Where is this retail space located?

The property is located at 400 Spring St Seattle, WA.

What is the lease rate?

The lease rate is $32 SF/Yr.

What are key features of this property?

This property features: Street front retail location on Spring Street; 153 Hotel rooms provide a daily customer base; Located next to the lobby of the Executive Pacific Hotel