Spaces For Lease

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Yesler Towers

Floor

2

Size

1,300 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE

Sublease

No

'North Tower' retail delivery NOW! Ascending to the second level of the shared podium,... these spaces (can be combined) create an opportunity to explore a diverse range of non-dining retail options. Whether single or two Tenant scenario, we are seeking established operator(s) with retail or light food/beverage concepts that create a midway focal point, helping to connect floors 1 & 2. Thus incorporating destination type retail that entices residents, the community, and visitors alike to meander from the park on up to each podium level. The first ever mixed-use tower in the Yesler Terrace neighborhood, Yesler Towers will create a place that links residents to the neighborhood, neighbors to the community, and the evolving community to the city. A pair of towers, highly visible from Interstate 5, create a gateway to downtown Seattle and into the Yesler Terrace neighborhood, which is undergoing a dynamic redevelopment. Nestled at the entrance of the neighborhood on the corner of Yesler Way and Washington Street, these commercial spaces in a multi-story podium setting face onto a central public plaza available for resident and neighborhood gatherings, extending park activities onto the site. The 'North Tower' retail delivery is Spring 2024. Ultimately, Yesler Towers will provide 350+ residential units with ~12,000 square feet of retail opportunities and three levels of on-site parking which is directly across the street to Yesler Terrace Park.

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Contact us

Listing Agency: West Coast Commercial Realty, LLC Show Phone

Listed By: Blake Taylor · License #104178 Show Phone

Source: Moodyscre

Added: Feb 5, 2024 Changed: Sep 15 Last Checked: Sep 15 at 5:13AM

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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 West Coast Commercial Realty, LLC

Investment Insights

Based on property information with market context.

Available now, this North Tower ground-level corner beverage/light food space is part of the Yesler Towers redevelopment. The retail is set within a multi-story podium and faces a central public plaza designed for resident and neighborhood gatherings.

The spaces are positioned at the neighborhood’s entrance on the corner of Yesler Way and Washington Street, with visibility from Interstate 5. Yesler Towers includes a pair of highly visible towers and is planned to deliver 350+ residential units alongside retail opportunities.

The project also features three levels of on-site parking that are directly across the street to Yesler Terrace Park.

Key Highlights

• Ground‑level corner retail space at Yesler Towers redevelopment on Yesler Way and Washington Street
• Space faces a central public plaza within the multi‑story podium setting
• Yesler Towers is expected to include 350+ residential units and ~12,000 SF of retail opportunities

Property Analytics

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Current Use

Yesler Towers Apartment Building

Suggested Use

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

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

$3.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

11,905

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Market

Lease Benchmarks for Seattle, WA

$28.33 /SF/Yr

Avg Asking Price

$19–$35 /SF/Yr

Price Range

3,891 SF

Avg Space Size

This space is priced 12% below the average of $28.33 /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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties 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?

Storefront property - Ground-level corner space within the Yesler Towers redevelopment, facing a central public plaza in a multi-story podium setting.

Where is this storefront property located?

The property is located at 809 S Washington St Seattle, WA.

What is the lease rate?

The lease rate is $25 SF/Yr.

What are key features of this property?

This property features: Ground‑level corner retail space at Yesler Towers redevelopment on Yesler Way and Washington Street; Space faces a central public plaza within the multi‑story podium setting; Yesler Towers is expected to include 350+ residential units and ~12,000 SF of retail opportunities