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Retail Spaces on Plaza
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1200 5th Ave, Seattle, WA 98101

Three available retail spaces feature Type 1 venting, optional operable storefronts, and a plug-and-play whitebox layout.

Property Size4,855 SF
Days on Market383

Property Features for 1200 5th Ave

General Information

Standard status Active
Size 4,855 SF
Property subtype RETAIL
Listing Agency: Real Retail
Listed By: Andrew Miller
Source: Moodyscre
Added: Jul 15, 2025 Changed: Jul 28 Last Checked: Jul 31 at 12:44PM

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 Real Retail

Investment Insights

Based on property information with market context.

Formerly operating as Hamanasu, this offering includes multiple retail spaces totaling 6,054 SF, 1,462 SF, and 4,855 SF. The larger 6,054 SF space includes Type 1 venting and is situated directly on the expansive plaza, with the possibility to add operable storefronts for indoor/outdoor dining. A 1,462 SF space is also available for retail, service, or non-vented food use.

The third space is a 4,855 SF plug-and-play whiteboxed option with expansive ceilings and natural light, designed for straightforward tenant buildout.

All spaces are positioned to support active street-level retail presence with direct plaza access.

Key Highlights

  • 6,054 SF retail space with Type 1 venting and direct access to the expansive plaza
  • Potential to add operable storefronts for indoor/outdoor dining in the 6,054 SF space
  • 1,462 SF space suited for retail, service, or non‑vented food users

Property Analytics

Current Use

Harper | Hayes PLLC Law Firm Kristy A. Ludwig, PHD Physician Dorian H. Reel, ... Physician Jared D. Michonski, ... Physician Jack Conway MD Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Florist Butcher Mobile Phone Store Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

23,506
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

$29.84 /SF/Yr
Avg Asking Price
$5.86–$65.62 /SF/Yr
Price Range
2,457 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three available retail spaces feature Type 1 venting, optional operable storefronts, and a plug-and-play whitebox layout.
Where is this retail space located?
The property is located at 1200 5th Ave Seattle, WA.
What are key features of this property?
This property features: 6,054 SF retail space with Type 1 venting and direct access to the expansive plaza; Potential to add operable storefronts for indoor/outdoor dining in the 6,054 SF space; 1,462 SF space suited for retail, service, or non‑vented food users
(206) 381-1206 Call to check price and availability
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