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Upper-Floor Office Suite
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4512 University Way NE, Seattle, WA 98105

Upper-floor office space recently upgraded for a tech company.

Space Size2,434 SF
Days on Market1029

Property Features for 4512 University Way NE

General Information

Standard status Active
Size 2,434 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 4512 University Way NE Contact us

U District Office Space $18/SF/Yr

Size
2,434 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Upper floor University District office space. Upgraded recently for a tech company.
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Listing Agency: Yates, Wood & MacDonald
Listed By: Dennis Counts
Source: Moodyscre
Added: Nov 1, 2023 Changed: Aug 8 Last Checked: Aug 24 at 11:43AM

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 Yates, Wood & MacDonald

Investment Insights

Based on property information with market context.

This upper-floor University District office space was recently upgraded for a tech company. The offering is designed for an office tenant seeking an updated interior within a multi-office setting.

The property is located on University Way NE in Seattle’s University District area, offering convenient access to the surrounding office and student-oriented market.

Available for lease, this is a straightforward office configuration on the upper level, suitable for businesses looking for recently improved office space.

Key Highlights

  • Upper‑floor office space in the University District
  • Recently upgraded for a tech company

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Electrical Service Florist Home Appliance Store Nursing Home (Bike/Boat/Book/etc) 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,515
Businesses Nearby

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

$28.51 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
11,981 SF
Avg Space Size

This space is priced 37% below the average of $28.51 /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
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Frequently Asked Questions

What type of property is this?
Office units - Upper-floor office space recently upgraded for a tech company.
Where is this office units located?
The property is located at 4512 University Way NE Seattle, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Upper‑floor office space in the University District; Recently upgraded for a tech company
(206) 268-3312 Call to check price and availability
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