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1041 1st Avenue South

Off-Market

1041 1st Avenue South, Seattle, WA 98134

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 58,492 SF
  • Lot Size 0.86 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1939

Location

  • City Seattle, WA
  • Neighborhood Pioneer Square
  • Zip Code 98134
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 09 Nov, 2009
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Seattle

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Seattle Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $41.40
  • 2020 Office Vacancy Rate 10.70%
  • 2020 Office Completions (SF) 2,507,003

Seattle Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $848.55
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 12
View more Seattle market trends

Tax

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Frequently Asked Questions

What is the total square footage of 1041 1st Avenue South?

1041 1st Avenue South totals 58,492 square feet.

When was this property built?

1041 1st Avenue South was built in 1939.

When was 1041 1st Avenue South last sold?

1041 1st Avenue South was last sold on 09 Nov, 2009.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.