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Turn-Key Food Retail Space
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1555 NW Market St, Seattle, WA 98107

Turn-key food-ready retail suite available now on a sublease through Aug. 31, 2029, plus NNN.

Property Size800 SF
Days on Market411

Property Features for 1555 NW Market St

General Information

Standard status Active
Size 800 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: NAI Puget Sound Properties
Listed By: Matthew Le
Source: Moodyscre
Added: Jun 17, 2025 Changed: Jul 28 Last Checked: Aug 1 at 11:44AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

This turn-key food-use retail suite is approximately 800 square feet and is available now. The space is offered on a sublease term through August 31, 2029, and rent is quoted plus NNN.

Located at 1555 NW Market St in downtown Ballard, the suite is positioned for businesses seeking a ready-to-operate food concept in a retail setting.

The offering centers on an operationally complete food-use setup within a compact footprint, suitable for a tenant looking for an in-place solution and extended sublease term.

Key Highlights

  • $33/SF + NNN ($7.28/SF) asking rent for a retail space
  • 800 SF food‑ready retail suite available now
  • Turn‑key food use for downtown Ballard retail

Property Analytics

Current Use

Mighty-O Donuts Ballard Bakery Sweet Alchemy Ice ... Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Bed & Breakfast Tanning Salon Adult Day Care

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

4,499
Businesses Nearby

Demographics for 98107, WA

28,557
Population
16,538
Households
1.7
Avg Household Size
35
Median Age
76%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
12,980
Density / Sq Mi
$137,748
Median Household Income
$82,884
Median Earnings
$2,194
Median Rent
$924,900
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 11% above the average of $29.84 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Turn-key food-ready retail suite available now on a sublease through Aug. 31, 2029, plus NNN.
Where is this retail space located?
The property is located at 1555 NW Market St Seattle, WA.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: $33/SF + NNN ($7.28/SF) asking rent for a retail space; 800 SF food‑ready retail suite available now; Turn‑key food use for downtown Ballard retail
(650) 888-3255 Call to check price and availability
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