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Creative Office Building with Decks
For Lease
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500 Yale Ave N, Seattle, WA 98109

Four-story creative office building features decks on every floor and ample garage parking.

Space Size17,859 SF - 18,277 SF
Days on Market52

Property Features for 500 Yale Ave N

General Information

Standard status Active
Size 17,859 SF - 18,277 SF
Class A
Property subtype office

Spaces For Lease

at 500 Yale Ave N Contact us

Available Space

Floor
1st
Size
18,277 SF
Type
Office
Term
Negotiable
Availability
30 Days
Contact us

Available Space

Floor
2nd
Size
18,131 SF
Type
Office
Term
Negotiable
Availability
30 Days
Contact us

Available Space

Floor
3rd
Size
18,131 SF
Type
Office
Term
Negotiable
Availability
30 Days
Contact us

Available Space

Floor
4th
Size
17,859 SF
Type
Office
Term
Negotiable
Availability
30 Days
Contact us
Listing Agency: Seattle
Listed By: Lloyd Low · License #89422
Source: Property.jll
Added: Jul 16 Changed: Sep 3 Last Checked: Sep 4 at 2:15AM

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 Seattle

Investment Insights

Based on property information with market context.

500 Yale is a four-floor creative office building offering decks on all floors, exposed ceilings, and abundant natural light. The space includes high-end creative finishes and is sized for a full-building headquarters or for users seeking a single floor. With 75,000 RSF dispersed across the building, it also benefits from substantial common-area and amenity upgrades already underway.

The property is located in Seattle’s SLU area at 500 Yale Ave N. The building provides convenient access to freeways and transit, along with ample garage parking.

New ownership is driving improvements throughout the building, including design updates to the main lobby and common areas, elevator cab design upgrades, new restrooms and wayfinding on every floor, and a top-floor spec suite expected in Q3 2026.

Key Highlights

  • 75,000 RSF creative office building across four floors in SLU
  • Decks on all floors plus exposed ceilings and abundant natural light
  • Ample garage parking and easy access to freeways and transit

Property Analytics

Current Use

Pastrome LLC Food Processing Plant BANG SLU Hair Salon American Research Capital Research Institute LayRoots Law Firm Law Offices Of James ... Law Firm

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

5,575
Businesses Nearby

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

$13.04 /SF/Yr
Avg Asking Price
$4.18–$18 /SF/Yr
Price Range
11,143 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Four-story creative office building features decks on every floor and ample garage parking.
Where is this creative space located?
The property is located at 500 Yale Ave N Seattle, WA.
What are key features of this property?
This property features: 75,000 RSF creative office building across four floors in SLU; Decks on all floors plus exposed ceilings and abundant natural light; Ample garage parking and easy access to freeways and transit
More about this property
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