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University Way Storefront Space
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4213 University Way Northeast, Seattle, WA 98105

Ground-floor retail storefront on University Way near the University of Washington, positioned in a heavy pedestrian corridor.

Space Size1,450 SF
Days on Market145

Property Features for 4213 University Way Northeast

General Information

Standard status Active
Size 1,450 SF
Property subtype RETAIL
Lease Type Gross

Site & Location

Neighborhood University District

Spaces For Lease

at 4213 University Way Northeast
University District Retail Space $5,600/Mo
Size 1,450 SF
Type RETAIL
Lease Type GROSS
Availability AVAILABLE
Prime retail opportunity on Seattle's iconic University Way, "The Ave", just steps from the University of Washington. Located in one of the city's busiest pedestrian corridors, this storefront benefits from great visibility and consistent foot traffic from students, faculty, residents, and visitors year-round.
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Listing Agency: Real Property Associates
Listed By: Torrey Morales
Source: Moodyscre
Added: Jun 9 Changed: Oct 25 Last Checked: Oct 30 at 4:12PM

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 Real Property Associates

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Investment Insights

Based on property information with market context.

Retail storefront available for rent at 4213 University Way NE in Seattle. The space is positioned for walk-in traffic along University Way, commonly referred to as “The Ave,” just steps from the University of Washington.

This storefront sits in one of the city’s busiest pedestrian corridors, benefiting from visibility and consistent foot traffic from students, faculty, residents, and visitors throughout the year.

Suitable for a variety of retail concepts that want frequent, pedestrian-oriented exposure in a university-adjacent retail setting.

Key Highlights

  • Ground‑floor retail storefront on University Way (“The Ave”) near the University of Washington
  • Located on a heavy pedestrian corridor with consistent foot traffic year‑round
  • Surrounded by foot traffic from students, faculty, residents, and visitors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Boba Gem Tea ... Cafe & Coffee Shop Mama's Viet Kitchen 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

NNN (Triple Net)
Lease Type
$6.95 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$29.29 /SF/Yr
Avg Asking Price
$19–$37 /SF/Yr
Price Range
3,902 SF
Avg Space Size

This space is priced 58% above the average of $29.29 /SF/Yr.

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

Similar Off Market Nearby

  • Luc Floral — 3119 eastlake ave e, seattle, wa 98102

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor retail storefront on University Way near the University of Washington, positioned in a heavy pedestrian corridor.
Where is this storefront property located?
The property is located at 4213 University Way Northeast Seattle, WA.
What is the lease rate?
The lease rate is $5,600/Mo.
What are key features of this property?
This property features: Ground‑floor retail storefront on University Way (“The Ave”) near the University of Washington; Located on a heavy pedestrian corridor with consistent foot traffic year‑round; Surrounded by foot traffic from students, faculty, residents, and visitors
(206) 948-3601 Call to check price and availability
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