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Furnished Office Space Available
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701 5th Avenue, Seattle, WA 98104

Plug and play office space with abundant natural light.

Space SizeContact for details
Days on Market175

Property Features for 701 5th Avenue

General Information

Standard status Active
Property subtype Office
Listed By: Joe Riley
Source: Cbre
Added: Apr 10 Changed: Oct 1 Last Checked: Oct 1 at 8:39AM

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 commercial space offers a plug-and-play setup with furniture available. An internal staircase connects all three floors, and single floors are also available. The master lease expiration is 8/20/2030. The property benefits from a strong credit master tenant and abundant natural light. The property size is 23044 square feet.

Key Highlights

  • Master Lease Expiration - 8/20/2030
  • Benefit from a strong credit master tenant.
  • Abundant natural light fills the space.

Property Analytics

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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 Electrical Service Adult Day Care Clothing & Fashion Store Nursing Home

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

5,034
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Seattle, WA

$26.98 /SF/Yr
Avg Asking Price
$2.56–$53 /SF/Yr
Price Range
11,997 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
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Frequently Asked Questions

What type of property is this?
Office units - Plug and play office space with abundant natural light.
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: Master Lease Expiration - 8/20/2030; Benefit from a strong credit master tenant.; Abundant natural light fills the space.
More about this property
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