Yale & Thomas

Off-Market

325 Eastlake Avenue East, Seattle, WA 98109

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 158,433 SF
  • Lot Size 0.15 Acre
  • Parking Spaces Avail. 174
  • Parking Ratio 1.10 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1973

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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Brokers

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Documents

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Sales

  • Purchase Date 22 Dec, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity 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.

  • 2022 Avg. Asking Rent $43.15
  • 2022 Office Vacancy Rate 25.29%
  • 2022 Office Completions (SF) 846,803

Seattle Office Sales Trends

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

  • 2022 Avg. Price per SF $804.49
  • Y-o-Y Avg. PpSF Change 6.83%
  • 2022 Office Sales Volume $1.4B
  • 2022 Number of Transactions 10
View more Seattle market trends

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    84/100 Excellent Transit
  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Seattle, WA
  • Neighborhood South Lake Union
  • Zip Code 98109
  • Market Seattle

Points of Interest

  • Terry & Thomas

    0.36 miles

  • Terry & Mercer

    0.41 miles

  • Westlake & Thomas

    0.42 miles

  • Capitol Hill Station

    0.43 miles

  • Lake Union Park

    0.44 miles

  • Fairview & Campus Drive

    0.45 miles

  • Capitol Hill

    0.46 miles

  • Broadway & Denny

    0.46 miles

  • Westlake & Mercer

    0.46 miles

  • Westlake & Denny

    0.46 miles

  • Greenlots

    0.46 miles

  • Blink

    0.46 miles

  • 76

    0.50 miles

  • Shell

    0.64 miles

  • Shell

    0.70 miles

  • Hilltop Service Station

    0.80 miles

  • Shell

    0.84 miles

  • 7-Eleven

    0.92 miles

  • 76

    0.96 miles

  • Shell

    1.00 miles

  • U-Park

    0.31 miles

  • Employee Parking

    0.40 miles

  • Diamond Parking

    0.41 miles

  • Visitor Parking

    0.44 miles

  • Harvard Garage

    0.51 miles

  • Midtown Parking Lot 69

    0.60 miles

  • Midtown Parking Lot 61

    0.63 miles

  • Midtown Parking

    0.63 miles

  • Denny Building Garage

    0.65 miles

  • Midtown Parking Lot 60

    0.66 miles

  • SpringHill Suites

    0.25 miles

  • EVEN Hotels - South Lake Union

    0.30 miles

  • Staybridge Suites - South Lake Union

    0.32 miles

  • Moxy Seattle North

    0.34 miles

  • Hilton Garden Inn Seattle Downtown

    0.35 miles

  • Hilton Garden Inn

    0.38 miles

  • Residence Inn Seattle Downtown/Lake Union

    0.39 miles

  • Residence Inn

    0.43 miles

  • Pan Pacific Hotel

    0.44 miles

  • citizenM

    0.45 miles

  • LunchBox Laboratory

    0.10 miles

  • Osteria Rigoletto

    0.11 miles

  • The Grilled Cheese Experience

    0.12 miles

  • Teinei

    0.16 miles

  • Kati Vegan Thai

    0.18 miles

  • B~side Foods

    0.19 miles

  • El Grito Taqueria

    0.21 miles

  • Bar Harbor

    0.22 miles

  • Meat & Bread

    0.23 miles

  • Razzi's Pizzeria

    0.23 miles

  • Hutch School

    0.23 miles

  • Harvard Avenue School

    0.34 miles

  • Cornish College of the Arts

    0.38 miles

  • Northeastern University

    0.38 miles

  • Spruce Street School

    0.41 miles

  • ALPS Language School

    0.42 miles

  • Morningside Academy

    0.44 miles

  • St. Nicholas School

    0.48 miles

  • Northwest Childrens Academy

    0.49 miles

  • Seattle Central College

    0.51 miles

  • KinderCare

    0.54 miles

  • Bright Horizon

    0.56 miles

  • Bright Horizons

    0.75 miles

  • Mother's Place

    0.88 miles

  • Seattle Infant Development Center

    0.90 miles

  • La Cuenta Spanish Immersion Preschool

    1.04 miles

  • Bright Horizons

    1.40 miles

  • Jose Marti Child Development Center

    1.47 miles

  • Les Efants de Seattle

    1.66 miles

  • Los Ninos de Seattle

    1.67 miles

Frequently Asked Questions

What is the total square footage of Yale & Thomas?

Yale & Thomas totals 158,433 square feet.

When was this property built?

Yale & Thomas was built in 1973.

When was Yale & Thomas last sold?

Yale & Thomas was last sold on 22 Dec, 2020.

What is the property tax for Yale & Thomas?

The property tax for Yale & Thomas in 2023 was $688,490.

What is the market value for Yale & Thomas?

The market value* for Yale & Thomas in 2023 was $84,801,000.

*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.

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