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2318 Market St Seattle, WA 98107

OFF-MARKET Retail properties & Spaces Google Maps
10,056 SF Built 2024
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional opportunity presents 10,056 square feet of vacant executive office space within a brand-new, seven-story mixed-use building in Seattle's vibrant Ballard neighborhood. Scheduled to open in Q4 2024, this property offers four available suites ranging from 1,933 to 3,122 square feet, ideal for businesses seeking a prestigious address. The building boasts a prime location at the intersection of NW Market Street and 24th Ave NW, at the end of the historic Ballard Avenue retail corridor, a highly trafficked area known for its farmer's market, diverse restaurants, shops, and entertainment venues. This strategic location benefits from a significant daytime population boost due to the area's thriving tourism and local businesses. The building itself is part of a larger development including 238 residential units, ensuring a consistent flow of potential customers. The building's design incorporates Scandinavian influences, reflecting the unique character of the Ballard neighborhood. This is a rare chance to establish a presence in one of Seattle's most desirable and dynamic commercial areas. The entire 10,056 square feet is currently available for lease as multiple suites. The building was constructed in 2024 and is located in King County, with convenient access via NW Market Street.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,056 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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