Office for Sale in Seattle, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Seattle, WA 98101

Description

1111 is a commanding figure in Seattle's bustling Central Business District. The building's slick, sophisticated upgrades and prestigious downtown address appeal to professional and tech tenants alike. 1111 is no ordinary box. Over $20 million has been infused into the building in a visionary renovation that has transformed 1111 into a composition of modern design. The glass atrium lobby creates a bright, social atmosphere as an inviting entry point, and on-site retail provides convenience and has activated the city block. Located just steps from the redeveloping waterfront with 20 acres of lush and dynamic open spaces, events, and a reactivated shoreline.

Market Context

This office in Seattle, WA is listed for sale. It has been on the market for 93 days. Compare it against other office listings for sale in Seattle, WA — <a href="/search/sale/office/washington/seattle">view the full market</a>.

As of Q2 2025, the Seattle / Bellevue office market showed average asking rents near $51.97/SF/yr, and cap rates around 7.5%. Source: Consensus Q2 2025 market report.

Office market FAQ

What is the typical cap rate for office in Seattle / Bellevue?
About 7.5% as of Q2 2025, per Consensus.

Unified Estimate

High Confidence

$29.57/SF – $34.79/SF

Mid: $34.79/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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