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Hyatt Retail Space 1532 7th Ave
1,400 SF of 4-Star Retail Space Available in Seattle, WA 98101
Highlights
- Easy access to I-5, Link Light Rail, Seattle Street Car and metro bus routes
- Downtown Seattle’s retail core is home to national & local retail including Nordstrom’s flagship store, Pacific Place shopping center Westlake Center
- 11.5 million SF of office, 3,600 residential units, and 11 hotels within 1/4 mile
- The Washington State Convention Center sees over 410K visitors per year
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Formerly home to Timbuk2, this prominent corner opportunity offers a diverse customer base of hotel visitors, downtown workers, retail shoppers, and entertainment seekers.
- Partially Built-Out as Standard Retail Space
- Approximately 1,400 SF for lease
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1532 7th Ave , Seattle, WA 98101
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront | Parking Ratio | 5.83/1,000 SF |
| Gross Leasable Area | 38,588 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 38,588 SF |
| Year Built | 2001 |
| Parking Ratio | 5.83/1,000 SF |
About the Property
Located in Seattle’s vibrant downtown retail core and business district, 1532 7th Avenue offers a corner retail opportunity at the Grand Hyatt Hotel, and just steps from The Paramount Hotel, Washington State Convention Center, the Convention Center Summit building expansion, and more. Located at the corner of 7th avenue and Pine Street, 1532 7th benefits from the high volume of daytime shoppers visiting nearby retailers including Pacific Place, Nordstrom’s Flagship Store, North Face, Nike, and Westlake Center. Adjacent retailers include The Cheesecake Factory, Game Works Seattle, Regal Cinemas, Starbucks, and Club Monaco.
- Bus Line
Nearby Major Retailers
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Hyatt Retail Space | 1532 7th Ave
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