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High-Visibility Retail Storefront
For Lease
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4514 University Way Northeast, Seattle, WA 98105

Approximately 2,600 SF of high-visibility retail space available along University Way NE.

Space Size2,600 SF
Days on Market169

Property Features for 4514 University Way Northeast

General Information

Standard status Active
Size 2,600 SF
Property subtype RETAIL

Site & Location

Neighborhood The Ave

Spaces For Lease

at 4514 University Way Northeast
Former Reiwatakiya AVAILABLE
Size 2,600 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
-+/- 2,600 SF Available -High Visibility -2,876 VPD University Way NE -19,271 VPD NE 45th St -Nearby Tenants include Raising Cane's, Just Burgers, BobaLust and more -Close proximity to University Village -Less than 5 minutes from University of Washington Campus
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Listing Agency: Pacific Asset Advisors, Inc
Listed By: Adam Greenberg · License #102208
Source: Moodyscre
Added: May 14 Changed: Oct 25 Last Checked: Oct 28 at 12:11PM

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 Pacific Asset Advisors, Inc

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Investment Insights

Based on property information with market context.

Available for lease is approximately 2,600 SF of retail storefront space with high visibility. The property is positioned on University Way NE, with reported traffic counts of 2,876 VPD on University Way NE and 19,271 VPD on NE 45th St.

The area includes well-known nearby tenants such as Raising Cane's, Just Burgers, and BobaLust, and the property is described as being in close proximity to University Village. It is also noted to be less than five minutes from the University of Washington campus.

This is a storefront retail offering suitable for tenants seeking prominent retail exposure in a dense campus-adjacent corridor.

Key Highlights

  • Approximately 2,600 SF of retail space available along University Way NE
  • High‑visibility retail location on University Way NE
  • University Way NE traffic: 2,876 VPD

Property Analytics

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

Current Use

東京生活館 Reiwatakiya Seattle Cosmetic Store

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

Location Intelligence

Trade Area within ½ mile

3,515
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

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

Frequently Asked Questions

What type of property is this?
Storefront property - Approximately 2,600 SF of high-visibility retail space available along University Way NE.
Where is this storefront property located?
The property is located at 4514 University Way Northeast Seattle, WA.
What are key features of this property?
This property features: Approximately 2,600 SF of retail space available along University Way NE; High‑visibility retail location on University Way NE; University Way NE traffic: 2,876 VPD
(425) 503-1339 Call to check price and availability
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