Building Details

Building Size 18,924 SF

Year Built 1925

Buildings 1

Listing Agency: Kidder Mathews - Bellevue

Listed By: Ryan Jones · License #111566 Show Phone

Source: Kidder

Added: Nov 23, 2025 Changed: Sep 7 Last Checked: Jul 30 at 7:52AM

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Investment Insights

Based on property information with market context.

A retail property offering 21154 square feet of space is available for rent. The property is located on University Way Northeast in Seattle, WA.

Key Highlights

• Retail property available for rent
• Located on University Way Northeast

Property Analytics

Property Profile

Current Use

Target Grocery Specialty Food Shop

Suggested Use

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

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

$29.9 /SF/Yr

Avg Asking Price

$12–$50 /SF/Yr

Price Range

10,071 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail properties & spaces located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail property available for rent on University Way Northeast.

Where is this retail property located?

The property is located at 4535 University Way NE Seattle, WA.

What are key features of this property?

This property features: Retail property available for rent; Located on University Way Northeast