Listing Agency: CBRE s***@cbre.com Show Phone

Listed By: Sean Sussex Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 13 Last Checked: Aug 23 at 10:24AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers an office space available for rent. Located in Seattle, WA, the property features 8,407 square feet of space on the 3rd floor. The space benefits from excellent natural light and abundant parking. The location provides unmatched access to I-5, I-90, and mass transit.

Key Highlights

• Unmatched access to I‑5, I‑90 and mass transit
• Abundant parking available
• Excellent natural light

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Tanning Salon Pet 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

3,353

Businesses Nearby

Explore this area Business Placement

Demographics for 98134, WA

1,216

Population

241

Households

5

Avg Household Size

38

Median Age

26%

College-Educated

89%

High-School Grad

3.3 sq mi

ZIP Area

368

Density / Sq Mi

$66,119

Median Household Income

$35,472

Median Earnings

$1,551

Median Rent

$385,300

Median Home Value

Market

Lease Benchmarks for Seattle, WA

$28.39 /SF/Yr

Avg Asking Price

$4.18–$53 /SF/Yr

Price Range

12,392 SF

Avg Space Size

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

Questions? Ask Rey

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What type of property is this? Where is this office units 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?

Office units - 8,407 RSF office space with excellent natural light.

Where is this office units located?

The property is located at 1014 1st Avenue South Seattle, WA.

What are key features of this property?

This property features: Unmatched access to I‑5, I‑90 and mass transit; Abundant parking available; Excellent natural light