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Water-View Office Suites
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4019 21st Ave W, Seattle, WA 98199

Second-floor office space offers water views and is divisible down to 12,000 RSF suites.

Space Size6,985 SF
Days on Market515

Property Features for 4019 21st Ave W

General Information

Standard status Active
Size 6,985 SF
Property subtype OFFICE
Occupancy 57%

Amenities

water views
exercise room
showers

Spaces For Lease

at 4019 21st Ave W Contact us

200

Size
6,985 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE
Sublease
Yes
Total Building: 26,430 RSF 11,240 RSF Available Load = ±11% Divisible down to ±2,000...
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Listing Agency: NAI Puget Sound Properties
Listed By: Bob Swain, CCIM · License #25750
Source: Moodyscre
Added: Mar 17, 2025 Changed: Aug 8 Last Checked: Aug 12 at 11:57AM

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.

This building totals 26,430 RSF with 11,240 RSF currently available. The space is divisible down to 12,000 RSF suites, supporting flexible occupancy for office tenants. The property includes onsite parking with a 2.69 per 1,000 SF ratio, with both garage and surface parking available. The second floor features an exercise room and showers.

The offering is for lease, and the public remarks note that the lease rate is negotiable. The property is also listed as available for sale, though no price is provided. Existing occupancy is reported as 57.47% leased to Silver Bay Seafoods, with 8.5 years remaining on the term.

Additional noted operational details include a load factor of 11%. The building is described as having amazing water views.

Key Highlights

  • 11,240 RSF of second‑floor office space available in a total 26,430 RSF building
  • Divisible down to 12,000 RSF suites
  • Water views

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

57.5%
Occupancy
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

$28.39 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
12,157 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 units - Second-floor office space offers water views and is divisible down to 12,000 RSF suites.
Where is this office units located?
The property is located at 4019 21st Ave W Seattle, WA.
What are key features of this property?
This property features: 11,240 RSF of second‑floor office space available in a total 26,430 RSF building; Divisible down to 12,000 RSF suites; Water views
(425) 586-5622 Call to check price and availability
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