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High-Visibility Corner Office-Retail
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4750 Roosevelt Way NE, Seattle, WA 98105

Street-level corner space within a 60-unit apartment community, with secure tenant parking and NNN expenses excluding utilities.

Property Size4,348 SF
Days on Market1024

Property Features for 4750 Roosevelt Way NE

General Information

Standard status Active
Size 4,348 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Gibraltar, LLC
Listed By: Laura Miller
Source: Moodyscre
Added: Oct 11, 2023 Changed: Jul 26 Last Checked: Jul 30 at 1:31PM

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 Gibraltar, LLC

Investment Insights

Based on property information with market context.

High-visibility corner office/retail space available for lease, located at street level within a 60-unit apartment community. The offering includes 8 secure tenant parking stalls in the building garage.

The space fronts Roosevelt Way NE at the corner location near 50th, in Seattle’s North University District/Ravenna area. Surrounding businesses mentioned include University District YMCA, Trader Joe’s, and the Seattle Public Library.

The lease is structured on an NNN basis with trash included in NNN. The tenant is responsible for electric, gas, water, HVAC maintenance, and janitorial services. Availability is stated as November 1, 2023.

Key Highlights

  • Street‑level corner office/retail space at 50th & Roosevelt within a 60‑unit apartment community
  • 8 secure tenant parking stalls available in the building garage
  • NNN includes trash; tenant pays electric, gas, water, HVAC maintenance, and janitorial services separately

Property Analytics

Current Use

50th & Roosevelt @ U-District Apartment Building Seattle Army Recruiting ... Military Recruiting Office Nai Puget Sound ... Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

3,290
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98105, WA

49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$30.51 /SF/Yr
Avg Asking Price
$20–$40.57 /SF/Yr
Price Range
2,487 SF
Avg Space Size

This space is priced 5% above the average of $30.51 /SF/Yr.

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
Rey
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Similar Off Market Nearby

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  • Matthew Landry — 5339 Roosevelt Way NE, Seattle, WA 981053635

Frequently Asked Questions

What type of property is this?
Medical Office Space - Street-level corner space within a 60-unit apartment community, with secure tenant parking and NNN expenses excluding utilities.
Where is this medical office space located?
The property is located at 4750 Roosevelt Way NE Seattle, WA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Street‑level corner office/retail space at 50th & Roosevelt within a 60‑unit apartment community; 8 secure tenant parking stalls available in the building garage; NNN includes trash; tenant pays electric, gas, water, HVAC maintenance, and janitorial services separately
(206) 351-3573 Call to check price and availability
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