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

Office space in a water-view building with garage and surface parking and second-floor exercise facilities with showers.

Space Size2,213 SF
Property Size26,430 SF
Days on Market515

Property Features for 4019 21st Ave W

General Information

Standard status Active
Size 2,213 SF
Net Rentable 11,240 SF
Property subtype OFFICE
Occupancy 57%

Space & Availability

Available Space 2,000-11,240 SF
Contiguous Space 11,240 SF
Divisible Yes

Amenities

water views
exercise room
showers

Building Details

Building Size 26,430 SF
Parking Ratio 2.69 per 1,000 SF

Spaces For Lease

at 4019 21st Ave W Contact us

Suite 101

Size
2,213 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 11:26AM

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 office building offers a total of 26,430 RSF, with 11,240 RSF available. Space is divisible down to approximately 12,000 RSF suites, providing flexibility for a range of office users. Building load is listed at approximately 11%. The property features garage and surface parking, including a 2.69 parking ratio per 1,000 SF. The second floor includes an exercise room and showers.

The building is described as having “amazing water views.” Onsite parking is available via both garage and surface spaces. A lease rate is noted as negotiable, and the property is also available for sale.

The current occupancy is described as 57.47% leased to Silver Bay Seafoods, with 8.5 years of remaining lease term.

Key Highlights

  • Total building size: 26,430 RSF
  • 11,240 RSF available; divisible down to 12,000 RSF suites
  • Building load approximately 11%

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

$32.75 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
32,434 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 - Office space in a water-view building with garage and surface parking and second-floor exercise facilities with showers.
Where is this office building located?
The property is located at 4019 21st Ave W Seattle, WA.
What are key features of this property?
This property features: Total building size: 26,430 RSF; 11,240 RSF available; divisible down to 12,000 RSF suites; Building load approximately 11%
(425) 586-5622 Call to check price and availability
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