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Westlake Avenue Office Space Available
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507 Westlake Ave N, Seattle, WA 98109

Office space available for lease on Westlake Avenue, Seattle.

Space Size6,480 SF
Days on Market156

Property Features for 507 Westlake Ave N

General Information

Standard status Active
Size 6,480 SF
Property subtype Office

Site & Location

Neighborhood South Lake Union

Spaces For Lease

at 507 Westlake Ave N Contact us

First Floor - 6480 RSF

Size 6,480 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
Contact us

Lower Level - 6,480 RSF

Size 6,480 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
Contact us

Second Floor - 6,480 RSF

Size 6,480 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Newmark
Listed By: Cavan O'Keefe · License #26433
Source: Nmrk
Added: May 21 Changed: Oct 21 Last Checked: Oct 23 at 3:29AM

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 Newmark

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located on Westlake Avenue North in Seattle, this commercial real estate offers office spaces and office units for rent. The property has a total size of 19,440 square feet. The second floor can be leased separately.

Key Highlights

  • Floor 2 can be leased separately.
  • Year Built: 1925

Property Analytics

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

Current Use

Amazon - Delight Corporate Office

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Electrical Service HVAC 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

5,826
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$27.96 /SF/Yr
Avg Asking Price
$2.56–$53 /SF/Yr
Price Range
12,237 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

Frequently Asked Questions

What type of property is this?
Office unit - Office space available for lease on Westlake Avenue, Seattle.
Where is this office unit located?
The property is located at 507 Westlake Ave N Seattle, WA.
What are key features of this property?
This property features: Floor 2 can be leased separately.; Year Built: 1925
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