Office for Sale in Seattle, WA

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

Description

Occupying a full block in the heart of the waterfront CBD and a prominent place in defining Seattle’s skyline. Tower 1201 is an award-winning trophy asset that is home to a deep bench of industry-leading tenants. Impeccably managed and with recent enhancements including a new lobby with security turnstiles, and remodeled outdoor courtyards. These upgrades, with more on the horizon, exemplify a dedication to creating a superior working environment.

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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