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875 3rd Ave, Seattle, WA 98104

Modern office space in Seattle's Central Business District.

Space SizeContact for details
Days on Market125

Property Features for 875 3rd Ave

General Information

Standard status Active
Class Trophy
Property subtype office

Amenities

Sky Park: a private 16,000 SF, 3-level, exclusive outdoor park, 36 stories above the streets
10,000 SF of planned ground retail space
Easy transportion access via bus, light right, Sounder Train, I-5 or I-90
Listing Agency: Seattle
Listed By: Lloyd Low · License #89422
Source: Property.jll
Added: Apr 15 Changed: Aug 14 Last Checked: Apr 14 at 8:08PM

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 Seattle

Investment Insights

Based on property information with market context.

Located in the heart of the Seattle Central Business District, this office space at 875 3rd Ave, Seattle, WA 98104, is designed to prioritize the tenant-guest experience. The property offers world-class access and amenities. The building incorporates smart technology designed to respond to work patterns, aiming to help businesses retain talent in Seattle’s competitive market and support employee well-being. The property has 7503 square feet available for rent. Certification pursuits include LEED Gold, WELL Building Gold, WiredScore Platinum, and Salmon-Safe. The design features a side-core layout with flexible, open floorplates and increased natural light. The building incorporates flexible, smart technology with touchless design, floor-by-floor mechanical systems, ionization systems, and smart elevators. The building uses no fossil fuels for heating or cooling and features reduced water consumption.

Key Highlights

  • Prime location in the heart of Seattle's Central Business District.
  • Ground‑breaking smart technology prioritizes the tenant‑guest experience.
  • Flexible, open floorplates with increased natural light.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Florist Butcher Mobile Phone Store Adult Day Care

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

21,972
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

$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 - Modern office space in Seattle's Central Business District.
Where is this office building located?
The property is located at 875 3rd Ave Seattle, WA.
What are key features of this property?
This property features: Prime location in the heart of Seattle's Central Business District.; Ground‑breaking smart technology prioritizes the tenant‑guest experience.; Flexible, open floorplates with increased natural light.
More about this property
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