Prime Retail Frontage Lease
For Lease
Contact for pricing
405 University St, Seattle, WA 98101
Retail space for lease with frontage on University Street at 5th Avenue.
Space Size5,620 SF
Days on Market542
Property Features for 405 University St
General Information
Standard status
Active
Size
5,620 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 405 University St Contact us- Size
- 5,620 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Lease Type
- NNN
- Availability
- AVAILABLE
Fairmont Olympic Hotel
Prime retail spaces for lease fronting University Street at 5th Avenue.
NNNs are...
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Listing Agency:
West Coast Commercial Realty, LLC
(206) 283-5212
Listed By:
Avery Connell · License #21001460
(206) 475-9367
Source:
Moodyscre
Added: Mar 24, 2025
Changed: Sep 15
Last Checked: Sep 15 at 7:40AM
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 West Coast Commercial Realty, LLC
Investment Insights
Based on property information with market context.
Retail space available for lease at 405 University St. The offering is structured as an NNN lease, with NNN amounts identified as estimates only.
The property fronts University Street at 5th Avenue. This location provides direct street-level retail exposure for prospective tenants.
Please note commissions are paid on base rent during the initial term only, and no commissions are paid on options, renewals, or extensions.
The property fronts University Street at 5th Avenue. This location provides direct street-level retail exposure for prospective tenants.
Please note commissions are paid on base rent during the initial term only, and no commissions are paid on options, renewals, or extensions.
Key Highlights
- Retail space for lease with frontage on University Street at 5th Avenue
- NNNs are estimates only
- Commissions paid on base rent during the initial term only; no commissions on options, renewals, or extensions
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
23,506
Businesses Nearby
Explore this area
Business Placement
Demographics for 98101, WA
16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value
Check the figures for this property
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
5,201 SF
Avg Space Size
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease with frontage on University Street at 5th Avenue.
Where is this retail space located?
The property is located at 405 University St Seattle, WA.
What are key features of this property?
This property features: Retail space for lease with frontage on University Street at 5th Avenue; NNNs are estimates only; Commissions paid on base rent during the initial term only; no commissions on options, renewals, or extensions
