Seattle, WA Retail Space for Lease

Search 310 retail listings in Seattle, WA and find helpful local stats in the Market Overview section below.

Moda Apartments

2312-2314 3rd Ave, Belltown, Seattle, WA
Property

Retail

1,800 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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Center Steps

225 Roy Street, Lower Queen Anne, Seattle, WA
Property

Retail

308,940 SF
Availability

2 Spaces

4,409 SF
Year Built

2021
For Lease

$35.00 - $40.00/SF/YR
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2200 Westlake Retail

Westlake Ave. & Denny Way, Belltown, Seattle, WA
Property

Retail

87,014 SF
Availability

4 Spaces

6,339 SF
For Lease Contact for pricing
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3rd & Pine

290 Pine St, Seattle Central Business District, Seattle, WA
Property

Retail

20,920 SF
Availability

2 Spaces

20,920 SF
For Lease Contact for pricing
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21615 Pacific Hwy South

21615 Pacific Hwy South, Central Des Moines, Des Moines, WA
Property

Retail

24,020 SF
Availability

1 Space

14,786 SF
For Lease

$21.00 - $30.00/SF/YR
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Five Corners Shopping Center

15840 1st Avenue South, Burien, Seattle, WA
Property

Retail

93,975 SF
Availability

1 Space

4,311 SF
Year Built

1958
For Lease

$25.00/SF/YR
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12015 31st Avenue NE

12015 31st Avenue NE, Cedar Park, Seattle, WA
Property

Retail

25,406 SF
Availability

1 Space

25,498 SF
Year Built

1960
For Lease

$20,000.00/MO
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Union Bay Plaza

4540 Union Bay Place NE, Ravenna, Seattle, WA
Property

Retail

22,135 SF
Availability

2 Spaces

2,233 SF
For Lease

$35.00 - $40.00/SF/YR
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1200 Howell St

1200 Howell St, Belltown, Seattle, WA
Property

Multi-Family

301,119 SF
Availability

1 Space

848 SF
Year Built

2020
For Lease

$38.00/SF/YR
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WB1200

1200 Stewart Street, Belltown, Seattle, WA
Property

Retail

100,000 SF
Availability

6 Spaces

40,024 SF
Year Built

2024
For Lease Contact for pricing
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Retail Space Rents in Seattle, WA

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Seattle asks $30.95 per square foot.

Retail Space Lease Types in Seattle, WA

The most common type of lease agreement you’ll find here is NNN, with 150 space(s) available under this type of arrangement. The local market is also home to 10 retail space(s) offered under a Modified Gross lease agreement type, and 3 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Seattle, WA

NNN 150
Modified Gross 10
Full Service 3

Average Size of Retail Space for Lease in Seattle, WA

The average size for this type of rental opportunity in Seattle is 1,000 sqft to 2,500 sqft. Currently, the local market offers 154 listing(s) within that size range. You can also search 94 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Seattle, WA

Retail space in Seattle comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 31 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,784 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 26 space(s) listed as Street Retail. The average size you can expect to find for this category is 2,764 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

What’s more, you can find 10 listing(s) in the Shared Space category, currently available in the average size of 306 square feet. Shared retail space is in some ways comparable to coworking office solutions. However, businesses in this context share a shop. It is also sometimes referred to as co-retailing and allows businesses to share resources such as physical space, stationery, and other support essentials, in order to cut down on some of the costs of running the business.

Number of Retail Spaces for Lease in Seattle, WA, by Use Type

Restaurant

Street Retail

Shared Space

Average Retail Listing Size in Seattle, WA, by Use Type

Restaurant

2,784 sq. ft.

Street Retail

2,764 sq. ft.

Shared Space

306 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Seattle, WA

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Seattle Central Business District is your top choice for lease opportunities, as it is currently home to the highest number of listings — 82 retail space(s). The most popular space type here is Restaurant. You can find 3 such listing(s) here.

Seattle’s second most popular area is Belltown, where you can find 64 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 5 listing(s) available here.

South Lake Union is also among the best areas to search for your next commercial space. Here you can find 35 retail space(s) available for consideration by prospective tenants, of which 3 are Street Retail.

Top Locations to Lease Retail Space in Seattle, WA

Seattle Central Business District

Belltown

South Lake Union

Pioneer Square

First Hill

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.

Some properties also go the extra mile to become more environmentally friendly, which is often indicated by a LEED certification. The Seattle real estate market is home to 1 LEED-certified retail building(s). This kind of space represents 0.29% of the city’s total retail real estate.

Distribution of LEED-Certified Retail Properties in Seattle, WA

LEED Silver

Data based on retail spaces listed for rent on CommercialSearch.com

Recent Retail Market News

Blackstone’s $4B Retail Deal Gets Green Light

This REIT’s shareholders approved the all-cash transaction.

Lightstone Pays $82M for Seattle-Area Mall

The new owner earmarked another $10 million for capital improvements and tenant upgrades.

Blackstone to Acquire Retail Opportunity Investments Corp. for $4B

The deal is the latest in a series of major moves by the company this year.

Seattle-Area Mixed-Use Project Lands $92M

Columbia Pacific’s loan covers the retail component.

Hanley Investment Spearheads Seattle-Area Retail Deal

Bill Asher and Jeff Lefko assisted both parties in the 1031 exchange.

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Seattle, WA Retail Space for Lease

Moda Apartments

Center Steps

2200 Westlake Retail

3rd & Pine

21615 Pacific Hwy South

Five Corners Shopping Center

12015 31st Avenue NE

Union Bay Plaza

1200 Howell St

WB1200

Retail Space Rents in Seattle, WA

Retail Space Lease Types in Seattle, WA

Most Common Type of Lease for Retail Buildings in Seattle, WA

Average Size of Retail Space for Lease in Seattle, WA

Retail Space Types You Can Lease in Seattle, WA

Number of Retail Spaces for Lease in Seattle, WA, by Use Type

Average Retail Listing Size in Seattle, WA, by Use Type

Top Locations to Lease Retail Space in Seattle, WA

Top Locations to Lease Retail Space in Seattle, WA

Key Factors to Consider When Choosing a Retail Space for Lease

Distribution of LEED-Certified Retail Properties in Seattle, WA

Other Popular Searches

Popular Commercial Searches

Recent Retail Market News

Blackstone’s $4B Retail Deal Gets Green Light

Lightstone Pays $82M for Seattle-Area Mall

Blackstone to Acquire Retail Opportunity Investments Corp. for $4B

Seattle-Area Mixed-Use Project Lands $92M

Hanley Investment Spearheads Seattle-Area Retail Deal

About Us

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