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Retail Shell Suites
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520 Terry Ave, Seattle, WA 98104

Two new construction retail suites with shell buildout and venting capability for a Type 1 shaft.

Property Size5,000 SF
Days on Market10

Property Features for 520 Terry Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL

Additional Details

Space Use Retail
Listing Agency: Kidder Mathews
Listed By: Jason Miller · License #101904
Source: Moodyscre
Added: Jul 22 Changed: Jul 31 Last Checked: Jul 31 at 8:19AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

This property offers two retail suites in new construction shell condition, designed for tenant buildout. The shells include an ability to vent for a Type 1 shaft, supporting a range of retail concepts that require that venting capability.

The property totals 5,000 square feet, arranged to accommodate separate suite occupancy. The current configuration is positioned for tenants to customize the interior layout and finishes to fit their operational needs.

Situated at 520 Terry Ave in Seattle, the suites provide a straightforward option for retailers seeking a shell space rather than an existing full interior buildout.

Key Highlights

  • Two retail suites in new construction shell condition
  • Shell spaces include ability to vent for a Type 1 shaft
  • Total property size of 5,000 square feet

Property Analytics

Current Use

Modern apartment living ... Hotel & Motel Bone Fish Grill Restaurant Aermes Travel (Bike/Boat/Book/etc) Store Milena Gordillo Psychotherapy ... Psychotherapist Kathmandu MoMoCha Restaurant

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

18,236
Businesses Nearby

Demographics for 98104, WA

16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$29.84 /SF/Yr
Avg Asking Price
$5.86–$65.62 /SF/Yr
Price Range
2,457 SF
Avg Space Size

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two new construction retail suites with shell buildout and venting capability for a Type 1 shaft.
Where is this retail space located?
The property is located at 520 Terry Ave Seattle, WA.
What are key features of this property?
This property features: Two retail suites in new construction shell condition; Shell spaces include ability to vent for a Type 1 shaft; Total property size of 5,000 square feet
(206) 296-9649 Call to check price and availability
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