Historic Office Campus in
For Lease
Contact for pricing
1200 12th Ave S, Seattle, WA 98144
Iconic campus with office space available for lease.
Space Size31,720 SF
Days on Market1677
Property Features for 1200 12th Ave S
General Information
Standard status
Active
Size
31,720 SF
Class
B
Property subtype
Office
Lease Type
NNN
Building Details
Year Built
1932
Tenancy
Single
Spaces For Lease
at 1200 12th Ave S Contact us- Size
- 31,720 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
CenturyPacific, LLLP
Listed By:
Michael E. Finch · License #WA 0017822
(206) 757-8895
Source:
Crexi
Added: Feb 1, 2022
Changed: Aug 27
Last Checked: Aug 30 at 11:16PM
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 CenturyPacific, LLLP
Investment Insights
Based on property information with market context.
The Pacific Tower campus, located atop Beacon Hill south of downtown Seattle, features the Historic Quarters. These separate buildings total 31,720 square feet and were originally constructed as housing before being converted to administrative offices. While currently serviceable, the improvements could be modernized for continued office use or altered to support new uses consistent with the City of Seattle zoning code and the PHPDA’s Master Plan.
Key Highlights
- Iconic Pacific Tower campus location atop Beacon Hill, south of downtown Seattle.
- Historic Quarters buildings totaling 31,720 RSF.
- Potential for modernization for continued office use.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,536
Businesses Nearby
Explore this area
Business Placement
Demographics for 98144, WA
32,178
Population
16,381
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
9,464
Density / Sq Mi
$94,051
Median Household Income
$65,078
Median Earnings
$1,805
Median Rent
$890,400
Median Home Value
Market
Lease Benchmarks for Seattle, WA
$32.9 /SF/Yr
Avg Asking Price
$22–$42.5 /SF/Yr
Price Range
34,248 SF
Avg Space Size
This space is priced 42% below the average of $32.9 /SF/Yr.
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Iconic campus with office space available for lease.
Where is this office building located?
The property is located at 1200 12th Ave S Seattle, WA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Iconic Pacific Tower campus location atop Beacon Hill, south of downtown Seattle.; Historic Quarters buildings totaling 31,720 RSF.; Potential for modernization for continued office use.
