University District Office/Retail
For Lease
$12 SF/Yr
4515 - 4519 University Way NE, Seattle, WA 98105
Located in the U-District, suitable for offices or retail.
Space Size6,184 SF
Property Size19,659 SF
Days on Market348
Property Features for 4515 - 4519 University Way NE
General Information
Standard status
Active
Size
6,184 SF
Property subtype
Office/Retail
Lease Term
NNN
Building Details
Building Size
19,659 SF
Year Built
1928
Spaces For Lease
at 4515 - 4519 University Way NE Contact us- Size
- 6,184 SF
- Term
- 36 - 60 months
Floor 2 $12/SF/Yr
Listing Agency:
Lee & Associates Commercial Real Estate Services
(206) 210-5207
Listed By:
Aaron Mathieu
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 23
Last Checked: Aug 23 at 2:42AM
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 Lee & Associates Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Located in the University District, this second-floor space is suitable for offices or professional services. The property is centrally located near I-5, between NE 45th Street and NE 47th Street. Large, street-facing windows provide natural light. Elevator service is available. Storage space is available on the basement level. The location is within walking distance of the University of Washington, Potbelly Sandwich Shop, Urban Outfitters, Neptune Theatre, Hotel Deca, and University Bookstore. The property size is 19659 square feet.
Key Highlights
- Prime U‑District location near I‑5 and the University of Washington.
- Suitable for offices or professional services.
- Large street‑facing windows providing great natural light.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,515
Businesses Nearby
Explore this area
Business Placement
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
$28.39 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
12,392 SF
Avg Space Size
This space is priced 58% below the average of $28.39 /SF/Yr.
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Located in the U-District, suitable for offices or retail.
Where is this office units located?
The property is located at 4515 - 4519 University Way NE Seattle, WA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime U‑District location near I‑5 and the University of Washington.; Suitable for offices or professional services.; Large street‑facing windows providing great natural light.**
