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Highlights

  • Renovated mixed-use building with turnkey office space, convenient access to Downtown Seattle, with seamless connectivity via Interstate 5.
  • Highly accessible location on major bus routes and within walking distance to the SODO light rail station exposed to over 23,000 vehicles per day.
  • Centrally located office space just 20 minutes from Sea Tac Airport, six minutes from the Port of Seattle for enhanced shipping capabilities.
  • Situated within a dense, educated workforce of over 1.1 million residents and an affluent area with an average income of $154,000.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 2nd Floor
  • 2,113 SF
  • 2-3 Years
  • $24.56 CAD/SF/YR $2.05 CAD/SF/MO $51,888 CAD/YR $4,324 CAD/MO
  • Modified Gross
Space Use
Office
Build-Out
Full Build-Out
Availability
Now

This suite provides fully furnished, professional second-floor office space with private stair access. Tenants have access to a range of in-suite amenities, including showers, lockers, communal meeting space, and a full kitchenette, for added convenience. Additionally, the suites include four reserved on-site parking spaces.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Conference Rooms
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • After Hours HVAC Available
  • Shower Facilities
  • Fully Furnished
  • Shower/Locker Facilities
  • Kitchenette
  • Air Conditioned
  • Great Access to Downtown
  • Free Street Parking
Space Size Term Rental Rate Rent Type
2nd Floor 2,113 SF 2-3 Years $24.56 CAD/SF/YR $2.05 CAD/SF/MO $51,888 CAD/YR $4,324 CAD/MO Modified Gross

2nd Floor

Size
2,113 SF
Term
2-3 Years
Rental Rate
$24.56 CAD/SF/YR $2.05 CAD/SF/MO $51,888 CAD/YR $4,324 CAD/MO
Rent Type
Modified Gross
Space Use
Office
Build-Out
Full Build-Out
Availability
Now

This suite provides fully furnished, professional second-floor office space with private stair access. Tenants have access to a range of in-suite amenities, including showers, lockers, communal meeting space, and a full kitchenette, for added convenience. Additionally, the suites include four reserved on-site parking spaces.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Conference Rooms
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • After Hours HVAC Available
  • Shower Facilities
  • Fully Furnished
  • Shower/Locker Facilities
  • Kitchenette
  • Air Conditioned
  • Great Access to Downtown
  • Free Street Parking

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.

Select Tenants at The Foundry Building

  • Tenant
  • Description
  • US Locations
  • Reach
  • Landmark Event Company
  • Other Services
  • 1
  • Local
Tenant Description US Locations Reach
Landmark Event Company Other Services 1 Local

Property Facts

Total Space Available 2,113 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 30,952 SF
Year Built/Renovated 1946/2008
Parking Ratio 0.13/1,000 SF

About the Property

Discover The Foundry Building, a charming 30,952-square-foot mixed-use building in the heart of SODO, offering stunning views of Downtown Seattle. The building was renovated in 2008 to accommodate a wide range of small and medium-sized office and commercial users. Prominently located off the bustling 1st Avenue S, the site offers seamless access across Seattle via Interstate 5. The property is situated on major bus routes and within walking distance of the SODO light rail station, offering strong transit connectivity for employees and visitors, as well as numerous retailers and restaurants that provide a blend of lifestyle amenities. Tenants also enjoy free street parking and reserved parking spaces. The Foundry Building is in a growing, affluent area with an average household income exceeding $154,000, well above the national average. Tenants have access to a dense, highly qualified workforce of more than 1,145,776 residents, 57% of whom are college-educated. The highly visible location sees more than 23,000 vehicles per day. It provides quick regional access, located approximately 20 minutes from Seattle-Tacoma International Airport and just six minutes from the Port of Seattle. The Foundry Building offers an exceptional opportunity for businesses seeking well-connected office space for lease in Seattle’s thriving SODO area.

  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
2,753
172,030
445,025
634,292
2030 Population
2,841
181,086
468,025
665,493
2025-2030 Projected Population Growth
3.2%
5.3%
5.2%
4.9%
Median Age
41.2
39.2
38.4
37.9
College Degree + Higher
43%
50%
56%
34%
Daytime Employees
16,356
201,636
371,772
517,740
Total Businesses
1,166
18,295
38,999
56,915
Average Household Income
$138,983
$137,646
$147,563
$144,978
Median Household Income
$114,738
$105,330
$117,221
$113,580
Total Consumer Spending
$36.5M
$2.6B
$7.6B
$10.3B
2025 Households
991
76,482
217,128
293,364
Average Home Value
$799,636
$820,958
$837,514
$828,767
$ values in USD

Nearby Major Retailers

Starbucks
Bank of America
  • Listing ID: 22488266

  • Date on Market: 2024-03-28

  • Last Updated:

  • Address: 4130 1st Ave S, Seattle, WA 98134

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