Contact Property

1408 4th Avenue

Off-Market

1408 4th Avenue, Seattle, WA 98101

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 35,840 SF
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

  • City Seattle, WA
  • Neighborhood Seattle Central Business District
  • Zip Code 98101
  • Market Seattle

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 22 Jan, 2003
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

  • Property Tax in 2022 $56,830
  • Market Value* $6,436,500
  • Assessed Value $6,436,500

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 1408 4th Avenue?

1408 4th Avenue totals 35,840 square feet.

When was this property built?

1408 4th Avenue was built in 1985.

When was 1408 4th Avenue last sold?

1408 4th Avenue was last sold on 22 Jan, 2003.

What is the property tax for 1408 4th Avenue?

The property tax for 1408 4th Avenue in 2022 was $56,830.

What is the market value for 1408 4th Avenue?

The market value* for 1408 4th Avenue in 2022 was $6,436,500.
*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.

Looking for more in-depth information on this property?

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