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Two-Story Restaurant Space
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4138 University Way NE, Seattle, WA 98105

Restaurant space with Type I hood and upper storage/office, requiring both floors to be leased together.

Property Size3,432 SF
Days on Market23

Property Features for 4138 University Way NE

General Information

Standard status Active
Size 3,432 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Commercial Hood Yes
Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Tom Graff · License #102567
Source: Moodyscre
Added: Jul 10 Changed: Jul 26 Last Checked: Aug 1 at 1:48PM

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 Ewing & Clark Comm'l Brokerage

Investment Insights

Based on property information with market context.

This two-story restaurant space is offered as a single combined lease, with the main floor and upper floor required together. The property includes a Type I hood in place for foodservice operations. Remaining equipment is available for purchase separately or can be removed, depending on your buildout plans. Parking is available in the back of the building at no additional charge.

The space is configured with approximately equal area on the main floor and upper floor, and the upper level includes storage and office use. The rent is structured separately by floor, with NNN charges applied to both levels.

The main floor is the primary dining/production level, while the upper floor provides additional back-of-house support through storage and office areas.

Key Highlights

  • Former Samurai Noodle restaurant space with Type I hood in place
  • 3,432 SF total: 1,716 SF main floor and 1,716 SF upper floor (must lease both floors together)
  • Lease rent: Main floor at $50.00/SF/YR plus NNN; upper floor at $15.00/SF/YR plus NNN

Property Analytics

Current Use

Samurai Noodle Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service Florist Home Appliance Store Nursing Home (Bike/Boat/Book/etc) Store

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,922
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98105, WA

49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$35.3 /SF/Yr
Avg Asking Price
$24–$50 /SF/Yr
Price Range
2,098 SF
Avg Space Size

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with Type I hood and upper storage/office, requiring both floors to be leased together.
Where is this conventional restaurant located?
The property is located at 4138 University Way NE Seattle, WA.
What are key features of this property?
This property features: Former Samurai Noodle restaurant space with Type I hood in place; 3,432 SF total: 1,716 SF main floor and 1,716 SF upper floor (must lease both floors together); Lease rent: Main floor at $50.00/SF/YR plus NNN; upper floor at $15.00/SF/YR plus NNN
(206) 695-4822 Call to check price and availability
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