Listing Agency: CBRE j***@cbre.com Show Phone

Listed By: Jennifer Seversen Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 21 at 11:08AM

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Investment Insights

Based on property information with market context.

This retail space at First Light is designed to reflect its location near Seattle’s cultural center. The property offers 4 retail spaces. The space features ceiling heights of over 20 feet and is designed to LEED standards. It is suitable for a coffee shop, market, bookstore, restaurant, or bar. The property has a size of 6190 square feet.

Key Highlights

• Proximity to Seattle’s vibrant, cultural center
• Soaring 20’+ ceiling height
• 4 retail spaces available, ideal for coffee shop, market / bookstore, restaurant, or bar concepts

Property Analytics

Property Profile

Current Use

3rd And Virginia Apartment Building First Light Seattle Apartment Building

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Electrical Service Pet Store Pet Store & Service Veterinary Clinic

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

17,372

Businesses Nearby

Explore this area Business Placement

Demographics for 98121, WA

21,411

Population

15,781

Households

1.4

Avg Household Size

35

Median Age

78%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

53,528

Density / Sq Mi

$148,974

Median Household Income

$118,893

Median Earnings

$2,329

Median Rent

$796,600

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail spaces near Seattle's vibrant cultural center.

Where is this retail space located?

The property is located at 2000 3rd Avenue Seattle, WA.

What are key features of this property?

This property features: Proximity to Seattle’s vibrant, cultural center; Soaring 20’+ ceiling height; 4 retail spaces available, ideal for coffee shop, market / bookstore, restaurant, or bar concepts