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Office Units with Private Offices
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5245 Shilshole Ave NW, Seattle, WA 98107

Includes reception, kitchenette, open workspace, conference room, and dedicated offices within a business-oriented layout.

Space Size12,048 SF
Days on Market55

Property Features for 5245 Shilshole Ave NW

General Information

Standard status Active
Size 12,048 SF
Property subtype OFFICE

Amenities

Reception
Coffee/Supply Room
Lunch Room/Kitchenette
Open Workspace
Large Conference/Training Room
Private Offices

Spaces For Lease

at 5245 Shilshole Ave NW
Waterfront Office for Lease AVAILABLE, Now
Size 12,048 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
Sublease Yes
o Reception o Coffee/Supply Room o Lunch Room/Kitchenette o Open Workspace o Large Conference/Training Room o Private Offices
Contact us
Listing Agency: Newmark
Listed By: Levi Bundrant
Source: Moodyscre
Added: Aug 24 Changed: Oct 15 Last Checked: Oct 16 at 6:25AM

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

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Investment Insights

Based on property information with market context.

This 12,048-square-foot office property provides a varied workplace configuration with reception, an open work area, private offices, and a large conference and training room. Additional support areas include a coffee and supply room and a lunchroom with kitchenette, creating a practical mix of collaborative, administrative, and shared spaces.

The property is located at 5245 Shilshole Ave NW in Seattle, Washington, with a 98107 ZIP code. The available information identifies the asset as office units and confirms it is offered for rent.

Key Highlights

  • 12,048 square feet of office space
  • Private offices plus open workspace
  • Large conference and training room

Property Analytics

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Open Analytics

Current Use

Mullenaux Services (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Building Supply Dental Office HVAC Service Garden Center Grocery & Convenience Store

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

4,322
Businesses Nearby

Demographics for 98107, WA

28,557
Population
16,538
Households
1.7
Avg Household Size
35
Median Age
76%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
12,980
Density / Sq Mi
$137,748
Median Household Income
$82,884
Median Earnings
$2,194
Median Rent
$924,900
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

$27.08 /SF/Yr
Avg Asking Price
$2.56–$53 /SF/Yr
Price Range
11,403 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 units - Includes reception, kitchenette, open workspace, conference room, and dedicated offices within a business-oriented layout.
Where is this office units located?
The property is located at 5245 Shilshole Ave NW Seattle, WA.
What are key features of this property?
This property features: 12,048 square feet of office space; Private offices plus open workspace; Large conference and training room
(425) 409-7405 Call to check price and availability
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