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414 Olive Way, Seattle, WA 98101

Flexible office or storage space available for lease.

Property Size6,883 SF
Days on Market993

Property Features for 414 Olive Way

General Information

Standard status Active
Size 6,883 SF
Property subtype OFFICE
Listing Agency: Newmark
Listed By: Jesse Ottele
Source: Moodyscre
Added: Nov 10, 2023 Changed: Jul 27 Last Checked: Jul 30 at 7:34AM

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 Newmark

Investment Insights

Based on property information with market context.

This property offers office or storage space, suitable for tenants seeking flexible use within a single suite. The space is configured to support either traditional office functions or storage needs based on a tenant’s requirements.

The property is located at 414 Olive Way in Seattle, Washington. Prospective tenants should confirm current layout and suitability for their intended use during the leasing process.

Key Highlights

  • Flexible office or storage space available for lease
  • Use as office space or for storage

Property Analytics

Current Use

Chirstal Radio Radio Station Cole & Weber Marketing & Advertising Wunderman Thompson Seattle Marketing & Advertising Times Square Building Business Service Center Possible Business Service Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Electrical Service Pet Store Pet Store & Service Butcher

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

19,115
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98101, WA

16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$47.86 /SF/Yr
Avg Asking Price
$3.56–$206 /SF/Yr
Price Range
3,174 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Flexible office or storage space available for lease.
Where is this flex space located?
The property is located at 414 Olive Way Seattle, WA.
What are key features of this property?
This property features: Flexible office or storage space available for lease; Use as office space or for storage
(206) 605-6593 Call to check price and availability
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