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Seattle Office Building with Views
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4019 21st Avenue W, Seattle, WA 98199

Class B office space in North Magnolia with water views.

Space Size2,042 SF - 6,985 SF
Days on Market183

Property Features for 4019 21st Avenue W

General Information

Standard status Active
Size 2,042 SF - 6,985 SF
Property subtype Office

Spaces For Lease

at 4019 21st Avenue W Contact us

Suite 101

Size
2,213 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 102

Size
2,042 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 200

Size
6,985 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: NAI Puget Sound Properties
Listed By: Arie Salomon, SIOR, CCIM
Source: Nai-psp
Added: Mar 6 Changed: Aug 8 Last Checked: Sep 4 at 4:57AM

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 Seattle’s North Magnolia submarket, this Class B office building offers 11,240 rentable square feet of available space within a total building area of 26,430 rentable square feet. Suites are divisible down to approximately 2,000 rentable square feet. The property features water views and an onsite parking ratio of 2.69 per 1,000 square feet, with both garage and surface parking available. The second floor includes an exercise room and showers. The load factor is approximately 11%.

Key Highlights

  • Amazing water views
  • Onsite parking ratio 2.69/1,000 SF
  • Divisible down to ±2,000 RSF suites

Property Analytics

Current Use

Icicle Seafoods Inc Take-out & Catering ISI International Take-out & Catering Cresting Wave Seafoods ... Take-out & Catering American Gold Seafoods Food Processing Plant

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Mobile Phone Store Restaurant

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

1,582
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

$32.9 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
34,248 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Class B office space in North Magnolia with water views.
Where is this office building located?
The property is located at 4019 21st Avenue W Seattle, WA.
What are key features of this property?
This property features: Amazing water views; Onsite parking ratio 2.69/1,000 SF; Divisible down to ±2,000 RSF suites
More about this property
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