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1229 Madison Street, Seattle, WA 98104

7,755 SF medical office space for sublease in Seattle.

Space Size1,230 SF - 55,421,362 SF
Days on Market196

Property Features for 1229 Madison Street

General Information

Standard status Active
Size 1,230 SF - 55,421,362 SF
Property subtype Healthcare

Spaces For Lease

at 1229 Madison Street Contact us

Suite 1040 Available

Size 55,421,362 SF
Contact us

Suite 830 Available

Size 1,230 SF
Contact us
Listing Agency: CBRE
Listed By: Marcus Yamamoto · License #104966
Source: Cbre
Added: Mar 25 Changed: Sep 27 Last Checked: Oct 5 at 4:01PM

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 CBRE

Investment Insights

Based on property information with market context.

Located on the 11th floor of the Elmer J. Nordstrom Medical Tower at the Swedish Medical Center, Suite 1150 offers approximately 7,755 square feet of built-out medical office space. The suite features a large reception and check-in area, eight exam rooms equipped with sinks (some with 4'0" doors for hospital bed access), seven doctor offices, and multiple restrooms throughout. A large corner conference room is also included. Furniture and fixtures remaining in the suite are available. The sublease term expires on July 31, 2026, and the current rate is $40.57 per square foot, NNN (negotiable). The space is available now.

Key Highlights

  • Located in the Elmer J. Nordstrom Medical Tower at Swedish Medical Center.
  • Built‑out medical suite of approximately 7,755 square feet.
  • Includes 8 exam rooms with sinks, some with 4’0” doors for hospital bed access.

Property Analytics

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Current Use

Pilot Theodore F ... Dental Office Swedish First Hill Medical Clinic Seattle Radiologists Medical Clinic Hart Brian T ... Dental Office Pacific Endodontics Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Tanning Salon Electrical Service 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

Location Intelligence

Trade Area within ½ mile

13,967
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98104, WA

16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
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Similar Off Market Nearby

  • BluePearl Pet Hospital — 805 Madison St, Seattle, WA 98104
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  • Jet City Animal Clinic — 822 12th Ave, Seattle, WA 98122
  • Banfield Pet Hospital — 1426 Harvard Ave, Seattle, WA 98122
  • City Cat Vet Clinic — 207 Harvard Ave E, Seattle, WA 98102

Frequently Asked Questions

What type of property is this?
Medical Office Space - 7,755 SF medical office space for sublease in Seattle.
Where is this medical office space located?
The property is located at 1229 Madison Street Seattle, WA.
What are key features of this property?
This property features: Located in the Elmer J. Nordstrom Medical Tower at Swedish Medical Center.; Built‑out medical suite of approximately 7,755 square feet.; Includes **8 exam rooms with sinks**, some with 4’0” doors for hospital bed access.
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