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University Way Retail Building Retail Property For Lease in Seattle, WA

Retail Property for Lease in Seattle, WA

University Way Retail Building

4535 University Way NE, Seattle, WA 98105, KING County
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Available SF 21,154

Listing Information

  • Listing Type Retail
  • Available SF 21,154
  • Divisible SF -
  • Lease Rate $25.00/sf/yr
  • Status Active
  • Lease Type NNN
  • Sublease No
Additional Property Details

Formerly occupied by Target, this rare 21,154 SF flagship retail opportunity is ideally positioned along University Way NE ("The Ave"), the primary commercial corridor serving the University of Washington and the greater University District. The property benefits from exceptional visibility, prominent signage opportunities, direct access to the U District Light Rail Station, and a dense surrounding population of students, residents, and visitors. With more than 256,000 residents within a three-mile radius and average household incomes exceeding $200,000, the site offers a unique combination of scale, location, and demographic strength that is difficult to replicate in Seattle's urban core. As one of the largest available retail spaces in the submarket, the property is well-suited for flagship retail, entertainment, fitness, grocery, educational, or experiential users seeking a dominant presence in one of Seattle's most active retail districts.

Property Information

  • Property Type Retail
  • Total bldg SF 18,924
  • Total Lot SF 14,420
  • Acres 0.33
  • Year Built/Reno. 1925 / 1980
  • # Floors -
  • Building Class -
  • # Buildings 1

Property Location