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2124 4th Avenue

Off-Market

2124 4th Avenue, Seattle, WA 98121

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  • Property Type Office - Government Office
  • Property Size 25,497 SF
  • Lot Size 0.3 Acre
  • Parking Spaces Avail. 15
  • Parking Ratio 0.60/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1952

Location

  • City Seattle, WA
  • Neighborhood Belltown
  • Zip Code 98121
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 25 Aug, 2020
  • 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 2124 4th Avenue?

2124 4th Avenue totals 25,497 square feet.

When was this property built?

2124 4th Avenue was built in 1952.

When was 2124 4th Avenue last sold?

2124 4th Avenue was last sold on 25 Aug, 2020.

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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.