7th & Madison

Off Market

701 Madison Street, Seattle, WA 98104

  • Office
  • Medical Office
  • 204,668 Sqft

7th & Madison, Seattle, WA 98104 - Office Space

7th & Madison is located at 701 Madison Street in the First Hill neighborhood, WA, Seattle, 98104. The Class A Office building was completed in 2008 and features a total of 204,668 Sqft.

There are 8 office spaces for lease in the First Hill neighborhood, totaling 56,502 Sqft of available office space. The office space availability for the 98104 zip code is 3,829,777.47 Sqft, in 256 office spaces. The average asking office rent per sq. ft. in First Hill is $38.5/sqft/year. For Class A office buildings the average office rate is $36.5/sqft/year, for Class B office buildings the average office rate is $40.5/sqft/year.

In First Hill, there are 5 class A office buildings. In First Hill, there are a total of 2 LEED certified office buildings. In 2008, the same year 7th & Madison was built, 30 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Seattle, featuring 2,707,182 square feet of commercial space. At zip code level, there are 75 commercial properties, of which 73 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Seattle
  • Neighborhood First Hill
  • Zip Code 98104
  • Market Seattle
  • Property Type Office - Medical Office
  • Property Size 204,668 Sqft
  • Lot Size 0.66 Acre
  • Parking Spaces Avail. 204
  • Parking Ratio 1.00/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2008
  • Date Updated 07 Apr, 2020

First Hill Demographics

The average household income in zip code 98104 is $80,724, from a total of 8,125 households. In terms of employment, there are 91.04 % white-collar and 8.96 % blue-collar jobs in zip code 98104.

Population

  • Total Population5,254
  • Male Population(57.1 %) 3,000
  • Female Population(42.9 %) 2,254
  • Median Age38.60

Income/Financial

  • Average Household Income$99,232
  • Median Household Income$74,394
  • Median Income Under 25$37,895
  • Median Income 25-44$81,758
  • Median Income 45-64$60,391
  • Median Income Over 65$39,655