1101 E Union St — Lease in Seattle, WA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Seattle, WA 98122
  • Size: 1,080 SF

Description

Positioned at the corner of 11th Avenue and E Union Street at the edge of Capitol Hill’s Pike–Pine Corridor, one of Seattle’s most vibrant dining and nightlife districts, this mixed-use opportunity offers prime visibility and walk-ability. The location is minutes from downtown Seattle, adjacent to Seattle University campus, and close to iconic neighborhood destinations, including Chophouse Row and Melrose Market.

Market Context

This retail in Seattle, WA is listed for lease across 1,080 SF. It has been on the market for 53 days. Compare it against other retail listings for lease in Seattle, WA — view the full market.

As of Q1 2026, the Seattle / Bellevue retail market showed a 16.8% vacancy rate, and cap rates around 7.6%.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Retail market FAQ

What is the typical cap rate for retail in Seattle / Bellevue?
About 7.6% as of Q1 2026.
Is the Seattle / Bellevue retail market tightening or softening?
Vacancy is around 16.8% (Q1 2026).

Estimated Market Rate

$2.73/SF/mo – $3.69/SF/mo

Mid: $3.21/SF/mo

Estimated total for 1,080 SF: $3,467 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

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