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Modern Life Science Campus
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500 Fairview Avenue N, Seattle, WA 98109

Modern life science campus in South Lake Union.

Space SizeContact for details
Days on Market131

Property Features for 500 Fairview Avenue N

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1959
Listing Agency: JONES LANG LASALLE
Listed By: JOE GOWAN · License #105132
Source: Corcoran
Added: Apr 15 Changed: Aug 23 Last Checked: Aug 23 at 2:31AM

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 JONES LANG LASALLE

Investment Insights

Based on property information with market context.

Vue Research Center is a modern life science campus located in South Lake Union. The property offers approximately 222,000 square feet of space. The campus features open, collaborative spaces and expansive walls of glass providing views of Lake Union, the Space Needle, and downtown, as well as plenty of natural sunlight. On-site parking and a fitness center are available.

Key Highlights

  • Views of Lake Union, the Space Needle, and downtown
  • Modern life science campus
  • Open, collaborative spaces offer a great work environment

Property Analytics

Current Use

Fairview Research Center Research Institute 500 Fairview Ave ... Parking Lot & Garage Mozart Therapeutics Corporate Office Local Coffee Spot ... Cafe & Coffee Shop Viraat's Dhaba Restaurant

Suggested Use

Top Pick Daycare Center Butcher Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Pet 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

5,506
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98109, WA

34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$29.46 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
16,828 SF
Avg Space Size

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
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Frequently Asked Questions

What type of property is this?
Office space - Modern life science campus in South Lake Union.
Where is this office space located?
The property is located at 500 Fairview Avenue N Seattle, WA.
What are key features of this property?
This property features: Views of Lake Union, the Space Needle, and downtown; Modern life science campus; Open, collaborative spaces offer a great work environment
More about this property
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