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New Construction Restaurant/Retail Space
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400 Queen Anne Ave N, Seattle, WA 98109

Restaurant/retail space in luxury apartments near Climate Pledge Arena.

Space Size1,945 SF
Lot Size0.65 Acres
Days on Market661

Property Features for 400 Queen Anne Ave N

General Information

Standard status Active
Size 1,945 SF
Lot size 0.65 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 400 Queen Anne Ave N Contact us

Ground Floor Retail/Restaurant Space $35/SF/Yr

Size
1,945 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
New construction restaurant/retail space at the base of the 143 unit luxury Artix...
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Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Cameron Kent · License #102567
Source: Moodyscre
Added: Oct 31, 2024 Changed: Aug 9 Last Checked: Aug 21 at 12:19PM

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 new construction restaurant/retail space is located at the base of the 143-unit luxury Artix apartments. The space offers 2,822 square feet, with the potential for enlargement. A Type I hood shaft has been installed by the landlord. The property is situated one block from Climate Pledge Arena and Seattle Center, which attract over 12 million visitors annually. There are 27 commercial parking stalls available for retail tenant customer use. A tenant improvement allowance is available.

Key Highlights

  • Located one block from Climate Pledge Arena and Seattle Center (12M+ visitors/year).
  • New construction restaurant/retail space at the base of 143 luxury apartments.
  • 2,822 SF restaurant space (expandable).**

Property Analytics

Current Use

Shell Recharge Charging ... Electric Vehicle Charging Station Artix Apartment Complex

Suggested Use

Top Pick Butcher Electrical Service (Bike/Boat/Book/etc) Store Florist Nursing Home Adult Day Care

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,609
Businesses Nearby
Balanced
Demand for This Use

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

$39.37 /SF/Yr
Avg Asking Price
$27–$51.55 /SF/Yr
Price Range
5,354 SF
Avg Space Size

This space is priced 11% below the average of $39.37 /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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Espresso Elegance Catering, Inc. 122 Elliott Ave W, Seattle, WA 98119
  • Shooby Doo Catering - Olympic Sculpture Park 2901 Western Ave, Seattle, WA 98121
  • Get A Bartender 2226 Elliott Ave, Seattle, WA 98121

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant/retail space in luxury apartments near Climate Pledge Arena.
Where is this restaurant located?
The property is located at 400 Queen Anne Ave N Seattle, WA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Located one block from Climate Pledge Arena and Seattle Center (12M+ visitors/year).; New construction restaurant/retail space at the base of 143 luxury apartments.; 2,822 SF restaurant space (expandable).**
(206) 838-7737 Call to check price and availability
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