New Construction Retail
For Lease
Contact for pricing
1400 Madison St, Seattle, WA 98104
New construction retail space available now, with tenant improvement allowance for qualified tenants.
Space Size1,011 SF
Days on Market515
Property Features for 1400 Madison St
General Information
Standard status
Active
Size
1,011 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Space Use
Retail
Available From
Immediate
Site & Location
Neighborhood
First Hill
Spaces For Lease
at 1400 Madison St
New Construction Retail Space for Lease
$35/SF/Yr
Size
1,011 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
New construction retail space located in First Hill.
Position your business in the heart of a thriving commercial corridor on Madison, surrounded by a strong mix of national and local retailers. Neighboring businesses include Whole Foods, Amazon Go, KeyBank, Chase, Bank of America, Salal Credit Union, Top Pot Doughnuts, and Potbelly Sandwich Shop.
Ideally located near major institutions, the property is just steps from Swedish Hospital, Virginia Mason Medical Center, and one block from Seattle University. Excellent public transit access via the Broadway & Marion Streetcar and RapidRide stations ensures strong connectivity for customers and employees alike.
Qualified tenants will be eligible for a tenant improvement allowance.
Available now.
Contact us
Listing Agency:
First Western Properties, Inc.
(425) 822-5522
Listed By:
Andrew Ayers · License #21030849
(425) 275-1447
Source:
Moodyscre
Added: Jun 5, 2025
Changed: Oct 31
Last Checked: Oct 30 at 5:59PM
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 First Western Properties, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
New construction retail space available now, designed for a strong commercial presence along Madison. The property offers a tenant improvement allowance for qualified tenants, supporting customization to fit your business needs.
Situated in First Hill, the surrounding area includes a mix of national and local retailers and financial institutions, such as Whole Foods, Amazon Go, KeyBank, Chase, and Bank of America. Nearby dining and everyday retail options include Top Pot Doughnuts and Potbelly Sandwich Shop.
The location also benefits from proximity to major institutions, with Swedish Hospital and Virginia Mason Medical Center nearby, and Seattle University just one block away. Public transit access is supported by the Broadway & Marion Streetcar and RapidRide stations, providing convenient connectivity for customers and employees.
Situated in First Hill, the surrounding area includes a mix of national and local retailers and financial institutions, such as Whole Foods, Amazon Go, KeyBank, Chase, and Bank of America. Nearby dining and everyday retail options include Top Pot Doughnuts and Potbelly Sandwich Shop.
The location also benefits from proximity to major institutions, with Swedish Hospital and Virginia Mason Medical Center nearby, and Seattle University just one block away. Public transit access is supported by the Broadway & Marion Streetcar and RapidRide stations, providing convenient connectivity for customers and employees.
Key Highlights
- New construction retail space available now in First Hill
- Tenant improvement allowance available for qualified tenants
- Located on Madison with nearby retailers including Whole Foods, Amazon Go, KeyBank, and major banks
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /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
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
This space is priced 21% above the average of $28.96 /SF/Yr.
Vacancy Rate% for Retail in Seattle, WA
Frequently Asked Questions
What type of property is this?
Retail space - New construction retail space available now, with tenant improvement allowance for qualified tenants.
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 $35 SF/Yr.
What are key features of this property?
This property features: New construction retail space available now in First Hill; Tenant improvement allowance available for qualified tenants; Located on Madison with nearby retailers including Whole Foods, Amazon Go, KeyBank, and major banks
