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45th Street Plaza

Off-Market

1100 NE 45th Street, Seattle, WA 98105

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  • Property Type Office - General Office
  • Property Size 52,500 Sqft
  • Lot Size 0.26 Acre
  • Parking Spaces Avail. 126
  • Parking Ratio 2.40/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2001

Location

  • City Seattle, WA
  • Zip Code 98105
  • 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

  • Arm's Length
  • 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
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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 (Sqft) 2,507,003

Seattle Office Sales Trends

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

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

Tax

  • Property Tax in 2021 $179,808
  • Market Value $19,310,900
  • Assessed Value $19,310,900

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

Frequently Asked Questions

What is the total square footage of 45th Street Plaza?

45th Street Plaza totals 52,500 square feet.

When was this property built?

45th Street Plaza was built in 2001.

What is the property tax for 45th Street Plaza?

The property tax for 45th Street Plaza in 2021 was $179,808.

What is the market value for 45th Street Plaza?

The market value for 45th Street Plaza in 2021 was $19,310,900.

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