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Magnolia Village Retail & Office
For Lease
$18 SF/Yr

3410 West McGraw Street, Seattle, WA 98199

Retail and loft-style office spaces in desirable Magnolia Village.

Property Size9,630 SF
Days on Market251

Property Features for 3410 West McGraw Street

General Information

Standard status Active
Size 9,630 SF
Property subtype Retail
Listing Agency: NAI Puget Sound Properties
Listed By: Wyk Parker · License #873009985
Source: Naiglobal
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 30 at 5:27AM

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.

Located in the Magnolia neighborhood, Magnolia Village Place offers two suites for lease. The location provides convenient access to Seattle's Central Business District to the south and Ballard to the north. The property is near the 40-acre campus on the Elliott Bay Waterfront, which houses the new Expedia Headquarters facility. Suite 100 features 4,815 square feet of street-level retail space with high ceilings and roll-up doors on the alley side of the building. Suite 200 offers 1,600 square feet of loft-style office space with an open area and 12-foot ceiling height. The multi-tenant building provides retail and flex-use suites. The property is well-maintained and managed, with attractive features including high ceilings. It is located in Magnolia Village, close to Seattle Pacific University, and within walking distance of amenities such as cafes, pubs, parks, and other retail services. Nearby amenities include Seattle Center, Fisherman’s Terminal, the Burke-Gilman Trail, Interbay Golf and Activity Center, and Whole Foods Grocery. The property offers excellent access to Seattle with transit service. The total property size is 9,630 square feet.

Key Highlights

  • Desirable Magnolia Village location in a premier residential neighborhood.
  • Proximity to the new Expedia Headquarters (4,500‑8,000 employees).
  • Excellent access to Seattle and surrounding neighborhoods with transit service.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store HVAC Service Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby

Demographics for 98199, WA

22,549
Population
10,737
Households
2.1
Avg Household Size
39
Median Age
77%
College-Educated
99%
High-School Grad
4.2 sq mi
ZIP Area
5,369
Density / Sq Mi
$176,729
Median Household Income
$99,361
Median Earnings
$2,461
Median Rent
$1,160,000
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 40% below the average of $29.84 /SF/Yr.

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and loft-style office spaces in desirable Magnolia Village.
Where is this retail space located?
The property is located at 3410 West McGraw Street Seattle, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Desirable Magnolia Village location in a premier residential neighborhood.; Proximity to the new Expedia Headquarters (4,500‑8,000 employees).; Excellent access to Seattle and surrounding neighborhoods with transit service.
More about this property
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