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Modern Office Space with Views
For Lease
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701 5th Avenue, Seattle, WA 98104

Full floor office suite with Elliott Bay and skyline views.

Space SizeContact for details
Days on Market147

Property Features for 701 5th Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Joe Riley
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 6:28AM

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 Joe Riley

Investment Insights

Based on property information with market context.

This 13,414 square foot office space is available for rent. The full floor suite features a modernized layout and finishes, designed to create more collaboration space. The space benefits from $600,000 in improvements, making it ready for immediate occupancy. A secure elevator pathway provides access to the full floor. The property offers unobstructed views of Elliott Bay, Mount Rainier, and the Seattle skyline. Sublease is available through March 31, 2026.

Key Highlights

  • Unobstructed views of Elliott Bay, Mount Rainier, and the Seattle skyline
  • Full floor opportunity with secure elevator pathway
  • $600K of improvements for ready occupancy

Property Analytics

Current Use

Jimmy John's Take-out & Catering MCG Health (Bike/Boat/Book/etc) Store Moore Richard A Law Firm Jensen Construction LLC Construction Company Walter Q. Impert Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Clothing & Fashion Store Mobile Phone Store Electrical 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

22,937
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

$28.39 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
12,392 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
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Frequently Asked Questions

What type of property is this?
Office units - Full floor office suite with Elliott Bay and skyline views.
Where is this office units located?
The property is located at 701 5th Avenue Seattle, WA.
What are key features of this property?
This property features: Unobstructed views of Elliott Bay, Mount Rainier, and the Seattle skyline; Full floor opportunity with secure elevator pathway; $600K of improvements for ready occupancy
More about this property
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