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Retail Space in Student Housing
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5000 University Way NE, Seattle, WA

Commercial space available in mixed-use student housing development.

Space Size1,900 SF
Lot Size0.57 Acres
Days on Market1582

Property Features for 5000 University Way NE

General Information

Standard status Active
Size 1,900 SF
Lot size 0.57 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 5000 University Way NE
Retail Space $34/SF/Yr
Size 1,900 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
The Hub on Campus is a new 111-unit mixed-use student housing development with available commercial space on the ground floor. In the heart of the U-District within blocks of the University of Washington. Large glass storefronts, high ceilings, and common restrooms. Join Morsel, YiFang, Cathay Bank, Sumo Sushi, Fuyuan Malatang, and Lune Cafe as our newest tenant!
Contact us
Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Cameron Kent · License #102567
Source: Moodyscre
Added: Jun 8, 2022 Changed: Sep 13 Last Checked: Oct 5 at 7:38PM

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 Ewing & Clark Comm'l Brokerage

Investment Insights

Based on property information with market context.

This commercial space is located on the ground floor of The Hub on Campus, a new 111-unit mixed-use student housing development. Situated in the heart of the U-District, it is within blocks of the University of Washington. The space features large glass storefronts and high ceilings. Common restrooms are available. The property offers 1900 square feet of retail space and is intended for commercial use.

Key Highlights

  • Prime location in the heart of the U‑District, within blocks of the University of Washington.
  • New 111‑unit mixed‑use development.
  • Available commercial space on the ground floor.

Property Analytics

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Open Analytics

Current Use

Morsel Restaurant Yifang Taiwan Fruit ... Cafe & Coffee Shop Hub U District ... Student Housing Center Cathay Bank Bank Hi How Are ... Cultural Landmark

Suggested Use

Top Pick HVAC Service Electrical Service Nursing Home (Bike/Boat/Book/etc) Store Mobile Phone Store Home Appliance 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
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,294
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$28.96 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
5,018 SF
Avg Space Size

This space is priced 17% above the average of $28.96 /SF/Yr.

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space available in mixed-use student housing development.
Where is this retail space located?
The property is located at 5000 University Way NE Seattle, WA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of the U‑District, within blocks of the University of Washington.; New 111‑unit mixed‑use development.; Available commercial space on the ground floor.
(206) 838-7737 Call to check price and availability
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