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Union Street Office Space Available

500 Union St, Seattle, WA 98101

For Lease
$8,556/Mo

Office space available now with flexible layout options.

Space SizeContact for details
Days on Market211

Property Features for 500 Union St

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood First Hill

Building Details

Year Built 1958
Listing Agency: BRODERICK GROUP, INC.
Listed By: DAMON MCCARTNEY
Source: Corcoran
Added: Apr 14 Changed: Aug 8 Last Checked: Aug 8 at 6:42AM

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 BRODERICK GROUP, INC.

Rey
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Investment Insights

Based on property information with market context.

This commercial real estate offers 2,702 square feet of office space. The layout includes private offices, a conference room, open work areas, and a kitchenette. The space is available now. It can be combined with Suite 650A to create a larger space of 5,167 rentable square feet.

Key Highlights

  • Available now
  • Private offices provide dedicated workspace
  • Conference room for meetings and presentations

Property Analytics

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

17,023
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$28.03 /SF/Yr
Avg Asking Price
$2.56–$53 /SF/Yr
Price Range
12,340 SF
Avg Space Size

This space is priced 36% above the average of $28.03 /SF/Yr.

Properties on Market for Office Units in Seattle

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Office space available now with flexible layout options.
Where is this office unit located?
The property is located at 500 Union St Seattle, WA.
What is the lease rate?
The lease rate is $8,556/Mo.
What are key features of this property?
This property features: Available now; Private offices provide dedicated workspace; Conference room for meetings and presentations
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