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Lakefront Blocks - 625 Boren Avenue North

Off-Market

625 Boren Avenue North, Seattle, WA 98109

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  • Property Type Office - General Office
  • Property Size 321,450 SF
  • Lot Size 1.66 Acre
  • Parking Spaces Avail. 369
  • Parking Ratio 1.15/ 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 2019

Location

  • Walk Score ® Walker's Paradise (96)
  • Transit Score ® Excellent Transit (82)
  • Bike Score ® Very Bikeable (86)
Powered by Walk Score ®
  • City Seattle, WA
  • Neighborhood South Lake Union
  • Zip Code 98109
  • Market Seattle

Points of Interest

Lake Union Park

0.05 miles

Lake Union Park

0.05 miles

Terry & Mercer

0.07 miles

Westlake & Mercer

0.12 miles

Fairview & Campus Drive

0.25 miles

Terry & Thomas

0.26 miles

Fairview & Campus Drive

0.26 miles

Westlake & Thomas

0.28 miles

Westlake & Denny

0.49 miles

Westlake & Denny

0.51 miles

Shell

0.45 miles

Greenlots

0.50 miles

Blink

0.50 miles

Shell

0.57 miles

76

0.75 miles

76

0.76 miles

Volta

1.00 miles

Shell

1.02 miles

Shell

1.06 miles

Hilltop Service Station

1.10 miles

Employee Parking

0.33 miles

Visitor Parking

0.34 miles

5th Avenue Garage

0.52 miles

Diamond Parking

0.54 miles

U-Park

0.55 miles

Republic Parking

0.58 miles

Denny Building Garage

0.64 miles

Mercer Street Garage

0.64 miles

U Park

0.65 miles

Westin Parking

0.77 miles

Staybridge Suites - South Lake Union

0.09 miles

EVEN Hotels - South Lake Union

0.11 miles

Moxy Seattle North

0.13 miles

Residence Inn Seattle Downtown/Lake Union

0.17 miles

Courtyard Marriott Seattle Downtown/Lake Union

0.25 miles

citizenM

0.37 miles

Four Points by Sheraton Downtown Seattle Center

0.38 miles

Civic Hotel

0.43 miles

Holiday Inn Seattle Downtown

0.45 miles

Silver Cloud Inn - Seattle Lake Union

0.46 miles

Buca di Beppo

0.12 miles

Ba Bar

0.13 miles

Daniel's Broiler

0.13 miles

Sizzle & Crunch

0.13 miles

Veggie Grill

0.15 miles

Re:Public

0.19 miles

Berliner Doner Kebab

0.19 miles

Meat & Bread

0.20 miles

LOCAL Public Eatery

0.21 miles

Bar Harbor

0.22 miles

Northeastern University

0.16 miles

Hutch School

0.19 miles

Northwest Childrens Academy

0.34 miles

Young Child Academy

0.43 miles

Cornish College of the Arts

0.52 miles

Morningside Academy

0.55 miles

Spruce Street School

0.57 miles

City University of Seattle

0.64 miles

Emerald City School

0.65 miles

Academy of Interactive Entertainment

0.70 miles

Bright Horizon

0.60 miles

KinderCare

0.74 miles

Bright Horizons

1.14 miles

Seattle Infant Development Center

1.17 miles

Mother's Place

1.30 miles

La Cuenta Spanish Immersion Preschool

1.36 miles

Bright Horizons

1.72 miles

Fremont Community School

1.74 miles

Jose Marti Child Development Center

1.77 miles

Les Efants de Seattle

2.06 miles

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 24 Feb, 2022
  • 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

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

Frequently Asked Questions

What is the total square footage of Lakefront Blocks - 625 Boren Avenue North?

Lakefront Blocks - 625 Boren Avenue North totals 321,450 square feet.

When was this property built?

Lakefront Blocks - 625 Boren Avenue North was built in 2019.

When was Lakefront Blocks - 625 Boren Avenue North last sold?

Lakefront Blocks - 625 Boren Avenue North was last sold on 24 Feb, 2022.

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