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1100 Eastlake Building

Off-Market

1100 Eastlake Avenue East, Seattle, WA 98109

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  • Property Type Office - General Office
  • Property Size 177,056 SF
  • Lot Size 0.97 Acre
  • Parking Spaces Avail. 371
  • Parking Ratio 2.10/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2008

Location

  • City Seattle, WA
  • Neighborhood South Lake Union
  • Zip Code 98109
  • Market Seattle

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 17 Dec, 2010
  • 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

  • Base Tax $1,104,214
  • Current Tax $2,429
  • Market Value* $125,061,000
  • Assessed Value $125,061,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1100 Eastlake Building?

1100 Eastlake Building totals 177,056 square feet.

When was this property built?

1100 Eastlake Building was built in 2008.

When was 1100 Eastlake Building last sold?

1100 Eastlake Building was last sold on 17 Dec, 2010.

What is the market value for 1100 Eastlake Building?

The market value* for 1100 Eastlake Building in 2022 was $125,061,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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