New Construction Retail
For Lease
Contact for pricing
1400 Madison St, Seattle, WA 98104
New construction retail space in First Hill, with tenant improvement allowance eligibility and transit access nearby.
Property Size1,726 SF
Days on Market421
Property Features for 1400 Madison St
General Information
Standard status
Active
Size
1,726 SF
Property subtype
RETAIL
Lease Type
SF/yr
Listing Agency:
Ayers Commercial Group
(425) 275-1447
Listed By:
Andrew Ayers · License #105705
(425) 275-1447
Source:
Moodyscre
Added: Jun 5, 2025
Changed: Jul 27
Last Checked: Jul 29 at 3:31PM
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 Ayers Commercial Group
Investment Insights
Based on property information with market context.
New construction retail space located in First Hill. The available unit is approximately 1,726 square feet and qualifies tenants for a tenant improvement allowance, which can be combined with Suite 102. The space is available now.
Positioned on Madison within a strong mix of national and local retailers, the surrounding businesses include Whole Foods, Amazon Go, KeyBank, Chase, Bank of America, Salal Credit Union, Top Pot Doughnuts, and Potbelly Sandwich Shop.
The property is near major institutions, just steps from Swedish Hospital and Virginia Mason Medical Center, and about one block from Seattle University. Public transit access is available via the Broadway & Marion Streetcar and RapidRide stations.
Positioned on Madison within a strong mix of national and local retailers, the surrounding businesses include Whole Foods, Amazon Go, KeyBank, Chase, Bank of America, Salal Credit Union, Top Pot Doughnuts, and Potbelly Sandwich Shop.
The property is near major institutions, just steps from Swedish Hospital and Virginia Mason Medical Center, and about one block from Seattle University. Public transit access is available via the Broadway & Marion Streetcar and RapidRide stations.
Key Highlights
- New construction retail space in Seattle’s First Hill neighborhood
- Tenant improvement allowance eligibility for qualified tenants
- Can be combined with Suite 102
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
13,952
Businesses Nearby
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
$29.84 /SF/Yr
Avg Asking Price
$5.86–$65.62 /SF/Yr
Price Range
2,457 SF
Avg Space Size
This space is priced 1% above the average of $29.84 /SF/Yr.
Vacancy Rate% for Retail in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Retail space - New construction retail space in First Hill, with tenant improvement allowance eligibility and transit access nearby.
Where is this retail space located?
The property is located at 1400 Madison St Seattle, WA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: New construction retail space in Seattle’s First Hill neighborhood; Tenant improvement allowance eligibility for qualified tenants; Can be combined with Suite 102
