Property profile

1000 1St Ave Seattle, WA 98104

FOR LEASE
Office Spaces
Property ID
US90-3251031
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Property summary

AI-generated overview

Palmer Court, located at 1001 1st Ave in Seattle's SoDo submarket, offers exceptional creative office space. This six-story building presents five full-floor availabilities, perfect for businesses seeking flexible and inspiring work environments. The available spaces range from 4,694 square feet to 10,037 square feet, providing options to accommodate various team sizes and operational needs. The building's classification as "Creative Office" suggests a design conducive to innovative and collaborative work styles, potentially featuring open floor plans, high ceilings, and ample natural light. The total vacant space within the building amounts to 38,451 square feet, indicating significant opportunity for lease. Situated in King County, Washington, with a zip code of 98104, Palmer Court benefits from the vibrant energy and accessibility of the SoDo district. The multiple tenancy structure allows for a diverse community of businesses to thrive within the building. Interested parties are encouraged to inquire about the specific layout and features of each available floor. The property's location offers easy access to major transportation routes and amenities, making it an attractive option for businesses seeking a prime Seattle location. The building's size and layout are ideal for companies looking to establish a strong presence in the thriving Seattle market. Detailed floor plans and lease terms are available upon request.

Property profile

Verified
Property type Office Spaces
UPID US90-3251031

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1000 1St Ave Seattle, WA 98104
Seattle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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