Magnolia Village Retail &
For Lease
$18 SF/Yr
3412 West McGraw Street, Seattle, WA 98199
Retail and loft-style office spaces in desirable Magnolia Village.
Space Size241 SF - 4,189 SF
Property Size9,630 SF
Days on Market314
Property Features for 3412 West McGraw Street
General Information
Standard status
Active
Size
241 SF - 4,189 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
9,630 SF
Spaces For Lease
at 3412 West McGraw Street Contact usSuite 100 $18/SF/Yr
Size
4,189 SF
Term
Negotiable
Suite 201 $18/SF/Yr
Size
2,081 SF
Term
Negotiable
Suite 204 $18/SF/Yr
Size
241 SF
Term
Negotiable
Listing Agency:
NAI Puget Sound Properties
Listed By:
Wyk Parker · License #873009985
(206) 660-8768
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Sep 29
Last Checked: Oct 1 at 10:32AM
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 37% below the average of $28.4 /SF/Yr.
Vacancy Rate% for Office in Seattle, WA
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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 3412 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.
