Industrial Property for Lease in Seattle, WA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Seattle, WA 98134

Description

Located at 4000 1st Ave S, Seattle, WA, 98134, this impressive property offers an exceptional leasing opportunity. With its modern design and versatile layout, it provides the perfect space for businesses to thrive. Boasting ample natural light and contemporary finishes, the property creates an inviting and dynamic environment. The open floor plan allows for flexible usage, while the high ceilings add to the sense of spaciousness. Convenient amenities and state-of-the-art facilities make this property an ideal choice for a wide range of commercial ventures. Take advantage of this prime location and elevate your business with this outstanding leasing opportunity.

Market Context

This industrial in Seattle, WA is listed for lease. It has been on the market for 21 days. Compare it against other industrial listings for lease in Seattle, WA — <a href="/search/lease/industrial/washington/seattle">view the full market</a>.

As of Q4 2024, the Seattle / Bellevue industrial market showed a 9.7% vacancy rate, average asking rents near $12.84/SF/yr, rents up 9.1% year over year, and cap rates around 5.2%. Source: Consensus Q4 2024 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Seattle / Bellevue?
About 5.2% as of Q4 2024, per Consensus.
Is the Seattle / Bellevue industrial market tightening or softening?
Vacancy is around 9.7%, with asking rents rising year over year (Q4 2024).

Unified Estimate

Medium Confidence

$0.91/SF/mo – $1.23/SF/mo

Mid: $1.07/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Contact

Explore this market

Similar Industrial Property for Lease in Seattle, WA