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Seattle Office Space Available Now
For Lease
$4,513/Mo

500 Union St, Seattle, WA 98101

Office space with conference room, kitchenette, and private offices.

Space SizeContact for details
Days on Market1260

Property Features for 500 Union St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1958
Listing Agency: BRODERICK GROUP, INC.
Listed By: DAVID GREENWOOD
Source: Corcoran
Added: Mar 6, 2023 Changed: Aug 8 Last Checked: Aug 8 at 6:19AM

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 BRODERICK GROUP, INC.

Investment Insights

Based on property information with market context.

This commercial real estate offers office units and spaces for rent. The property features a conference room, kitchenette, and private offices. The available space totals 1425 square feet. It is located at 500 Union St, Seattle, WA 98101 and is available now.

Key Highlights

  • Available Now
  • Private Offices provide dedicated workspace.
  • Conference Room for meetings and presentations.

Property Analytics

Current Use

Heery International Architect Medix Employment Agency Siderius Lonergan & Martin ... Law Firm LabKey Software (Bike/Boat/Book/etc) Store Roen Associates - Seattle Construction Company

Suggested Use

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

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
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

23,240
Businesses Nearby

Demographics for 98101, WA

16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
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 34% above the average of $28.39 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space with conference room, kitchenette, and private offices.
Where is this office units located?
The property is located at 500 Union St Seattle, WA.
What is the lease rate?
The lease rate is $4,513/Mo.
What are key features of this property?
This property features: Available Now; Private Offices provide dedicated workspace.; Conference Room for meetings and presentations.
More about this property
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