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Rainier Avenue Retail and Storage
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2215 Rainier Avenue South, Seattle, WA

Retail space with warehouse basement storage on Rainier Avenue.

Space Size3,530 SF
Lot Size0.73 Acres
Days on Market584

Property Features for 2215 Rainier Avenue South

General Information

Standard status Active
Size 3,530 SF
Lot size 0.73 Acres
Property subtype RETAIL

Spaces For Lease

at 2215 Rainier Avenue South
Retail/Warehouse on Rainier Ave S $12/SF/Yr
Floor 1st & Basement
Size 3,530 SF
Type RETAIL
Lease Type NET_NNN
Availability AVAILABLE
Rainier Avenue Center Property Features •1,500 – 3,000 SF Retail Space •1,500 – 3,000 SF Warehouse Basement Storage •Located on Busy Rainier Avenue •45,000+ VPD •Prime Street Facing Retail Locations •Tons of Free On-Site Parking •Minutes to Seattle, I-5, I-90, I-405
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Listing Agency: AgencyOne
Listed By: Cal Mitchell
Source: Moodyscre
Added: Feb 24, 2025 Changed: Sep 15 Last Checked: Oct 1 at 11:42AM

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 AgencyOne

Investment Insights

Based on property information with market context.

This property on Rainier Avenue features retail space ranging from 1,500 to 3,000 square feet, complemented by an equivalent amount of warehouse basement storage. The location benefits from high traffic volume, with over 45,000 vehicles per day. It offers prime street-facing retail locations and ample free on-site parking. The property is situated minutes from Seattle and major interstates including I-5, I-90, and I-405.

Key Highlights

  • Prime street facing retail locations
  • Tons of free on‑site parking
  • 1,500 – 3,000 sf retail space

Property Analytics

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Current Use

Western Beauty Supply (Bike/Boat/Book/etc) Store Selase Beauty Salon Hair Salon

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$28.4 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
5,040 SF
Avg Space Size

This space is priced 58% below the average of $28.4 /SF/Yr.

Vacancy Rate% for Industrial in Seattle, WA

3.6% 2019
5.2% 2020
4.3% 2021
2.9% 2022
5.3% 2023
7.4% 2024
9.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with warehouse basement storage on Rainier Avenue.
Where is this retail space located?
The property is located at 2215 Rainier Avenue South Seattle, WA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime street facing retail locations; Tons of free on‑site parking; 1,500 – 3,000 sf retail space
(425) 922-2886 Call to check price and availability
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