Ground Floor Retail Financial
For Lease
Contact for pricing
500 Union St, Seattle, WA 98101
Ground floor storefront lease space in the Logan Building, built out for financial services and adjacent to Freya Bakery.
Space Size3,850 SF
Days on Market109
Property Features for 500 Union St
General Information
Standard status
Active
Size
3,850 SF
Property subtype
OFFICE
Lease Type
Full Service
Spaces For Lease
at 500 Union St Contact us- Size
- 3,850 SF
- Type
- OFFICE
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE
- Sublease
- Yes
Logan Building $30/SF/Yr
• Rate: $30.00 Fully Serviced
• Fully Furnished Plug & Play tech space
• Floor...
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Contact us
Listing Agency:
Jones Lang LaSalle
(206) 607-1700
Listed By:
Patrick Pendergast
(206) 521-2663
Source:
Moodyscre
Added: Jun 10
Changed: Sep 4
Last Checked: Sep 26 at 7:00AM
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.
Ground floor retail space is available for lease at the Logan Building at 500 Union St. The premises are currently built out for financial services on the ground floor, providing an improved interior for that type of use.
The location is next to Freya Bakery at the corner of 5th Avenue and Union Street. Rent is presented with NNNs noted as estimates only. Commission terms state that commissions are paid on base rent during the initial term only, with no commissions paid on options, renewals, or extensions.
The location is next to Freya Bakery at the corner of 5th Avenue and Union Street. Rent is presented with NNNs noted as estimates only. Commission terms state that commissions are paid on base rent during the initial term only, with no commissions paid on options, renewals, or extensions.
Key Highlights
- Ground floor retail space for lease in the Logan Building
- Currently built out for financial services on the ground floor
- Located next to Freya Bakery at the corner of 5th Avenue and Union Street
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
17,023
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Seattle, WA
$28 /SF/Yr
Avg Asking Price
$19–$35 /SF/Yr
Price Range
3,812 SF
Avg Space Size
This space is priced 7% above the average of $28 /SF/Yr.
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Ground floor storefront lease space in the Logan Building, built out for financial services and adjacent to Freya Bakery.
Where is this storefront property located?
The property is located at 500 Union St Seattle, WA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Ground floor retail space for lease in the Logan Building; Currently built out for financial services on the ground floor; Located next to Freya Bakery at the corner of 5th Avenue and Union Street
