Prime Retail Space in Seattle
For Lease
$48 SF/Yr NNN
1404 3rd Avenue, Seattle, WA 98101
12,208 SF retail space in Seattle's Central Business District.
Space SizeContact for details
Days on Market273
Property Features for 1404 3rd Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE
(206) 292-6092
Listed By:
Dan McGinnis
(206) 292-6092
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 13
Last Checked: Aug 21 at 1:16PM
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 CBRE
Investment Insights
Based on property information with market context.
This 12,208 square foot retail space is available for sublease at a base rent of $48.00 per square foot, with NNN expenses at $8.25 per square foot. The sublease is available through June 30, 2022, with the potential for an extended lease directly with the landlord. Situated in the heart of Seattle's Central Business District, the property benefits from excellent visibility and high pedestrian traffic. The location is three blocks from the Westlake light rail station.
Key Highlights
- Excellent visibility and pedestrian traffic
- In the heart of Seattle CBD
- 12,208 SF of space
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,298
Businesses Nearby
Explore this area
Business Placement
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
$30.66 /SF/Yr
Avg Asking Price
$12–$50 /SF/Yr
Price Range
9,692 SF
Avg Space Size
This space is priced 57% above the average of $30.66 /SF/Yr.
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 12,208 SF retail space in Seattle's Central Business District.
Where is this retail space located?
The property is located at 1404 3rd Avenue Seattle, WA.
What is the lease rate?
The lease rate is $48 SF/Yr.
What are key features of this property?
This property features: Excellent visibility and pedestrian traffic; In the heart of Seattle CBD; 12,208 SF of space
