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720 Olive Way, Seattle, WA 98101

Ideally located office building in the heart of Seattle's North CBD.

Space SizeContact for details
Days on Market274

Property Features for 720 Olive Way

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: David Abbott
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:39AM

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 David Abbott

Investment Insights

Based on property information with market context.

This office building, encompassing 304,751 square feet, is situated in the heart of the North CBD in Seattle. The location provides convenient access to Interstate 5 and Highway 99, and is within walking distance of Pacific Place, Seattle’s retail core, the Pike Pine corridor, and South Lake Union. The property boasts a perfect 100 Walk and Transit Score, with the Convention Place Transit Center located one block away. Building amenities include a conference facility that can accommodate up to 90 people, locker rooms with day lockers, showers, and towel service, and secure bike storage. An on-site coffee shop and a ReachNow car-sharing service are also available. Security features include an IP security camera monitoring system covering all exterior entrances, the lobby, and reception.

Key Highlights

  • Perfect 100 Walk and Transit Score
  • Ideally located in the heart of the North CBD, within walking distance to key locations
  • Building conference facility to accommodate up to 90 people

Property Analytics

Current Use

Seattle Periodontics Dentistry Dental Office Seattle Endodontics Dental Office Dzuy M. Nguyen, ... Dental Office CORE Endodontics Dental Office Skilljar (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Butcher Daycare Center

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

18,095
Businesses Nearby

Demographics for 98101, WA

16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$32.75 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
32,937 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 building - Ideally located office building in the heart of Seattle's North CBD.
Where is this office building located?
The property is located at 720 Olive Way Seattle, WA.
What are key features of this property?
This property features: Perfect 100 Walk and Transit Score; Ideally located in the heart of the North CBD, within walking distance to key locations; Building conference facility to accommodate up to 90 people
More about this property
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