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Street-Front Retail Space
For Lease
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Pending

405 University St, Seattle, WA 98101

Retail space for lease fronting University Street between 4th Avenue and 5th Avenue.

Space Size1,396 SF
Days on Market587

Property Features for 405 University St

General Information

Standard status Pending
Size 1,396 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Central Business District

Spaces For Lease

at 405 University St
Fairmont Olympic Hotel PENDING
Size 1,396 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Prime retail spaces for lease fronting University Street. between 4th Avenue and 5th Avenues. NNNs are estimates only. Commissions paid on base rent, initial term only. No commissions paid on options, renewals or extensions.
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Listing Agency: West Coast Commercial Realty, LLC
Listed By: Avery Connell · License #21001460
Source: Moodyscre
Added: Mar 25, 2025 Changed: Oct 25 Last Checked: Oct 30 at 2:12PM

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

Rey
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Investment Insights

Based on property information with market context.

This retail space is available for lease and fronts University Street between 4th Avenue and 5th Avenue. The listing notes that NNN amounts shown are estimates only.

The property is located at 405 University St in Seattle, WA 98101.

Lease commission terms are described as commissions paid on base rent during the initial term, with no commissions paid on options, renewals, or extensions.

Key Highlights

  • Retail space for lease fronting University Street
  • Located between 4th Avenue and 5th Avenue
  • NNNs are estimated only

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

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

23,506
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$28.96 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
4,990 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease fronting University Street between 4th Avenue and 5th Avenue.
Where is this retail space located?
The property is located at 405 University St Seattle, WA.
What are key features of this property?
This property features: Retail space for lease fronting University Street; Located between 4th Avenue and 5th Avenue; NNNs are estimated only
(206) 475-9367 · Office Call to check price and availability
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