Fremont Retail - retail in Seattle, WA
Retail

Fremont Retail

fremont retail, seattle, WA 98103

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence
Low
$39.39/SF
Mid
$49.23/SF
High
$59.08/SF
Tier Used
tax_cap_reverse

Estimated from market cap rate (7.6%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace
Tier 1insufficient_data
Tier 2successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$49.23/SFtax_cap_reverse
Utilities6.9¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$2728/wkBLS QCEW
Source Provenance (3)
SourceTypeCountYearFreshnessPeer
Market Reportscap_ratequarterly
API Ninjasproperty_taxannual
BLS QCEWwage_indexquarterly
Data sources used
market_reportsproperty_taxwage_index

Description

  • Prime Fremont Retail Location at "The Center of the Universe!"
  • RARE 3,525 SF retail ground floor availability
  • Located at the heart of “The Center of the Universe”*
  • Highly visible signage available
  • Extensive window line with ample natural light
  • Outdoor seating possible
  • Possibility to install Type 1 hood
  • Nearby retailers include PCC, Starbucks, MOD Pizza, Theo Chocolates and more!
  • Direct visibility to North 34th Street and the Fremont Bridge
  • Ideal for a taproom, fitness, medical or creative office
  • Available onsite parking
  • Dense and growing neighborhood with a 97 Walk Score***

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

fremont retail, seattle, WA 98103

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Seattle / Bellevue retail market showed a 16.8% vacancy rate, and cap rates around 7.6%. Source: www lee-associates com Q1 2026 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Compare it against other retail listings for sale in Seattle, WA to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in Seattle / Bellevue?
About 7.6% as of Q1 2026, per www lee-associates com.
Is the Seattle / Bellevue retail market tightening or softening?
Vacancy is around 16.8% (Q1 2026).

Unified Estimate

Medium Confidence
$32.71/SF-$44.25/SF
Mid: $38.48/SF

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

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Vacancy %
Q1 '260%10%20%30%40%
Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.3%
Avg Weekly Wage:$1,992

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population2,287,171
Median Income$125k↑ 67%
College Educated50.2%↑ 16.8pp
Median Age37.4 yrs
Median Home Value$860k
Unemployment4.8%↑ 1.2pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: retail in seattle, WA

Contact Broker

Listed by

CBRE System Import