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5209 Ballard Ave NW 5,000 SF of Retail Space Available in Seattle, WA 98107
Sublease Highlights
- Prime retail location on Ballard Avenue Northwest with strong pedestrian visibility.
- Expansive storefront windows provide excellent signage and branding opportunities.
- Approximately 5,000 square feet of open retail space with flexible layout options.
- Immediate occupancy available under a sublease expiring April 30, 2029.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Apr 2029 | $48.70 CAD/SF/YR $4.06 CAD/SF/MO $243,476 CAD/YR $20,290 CAD/MO | Triple Net (NNN) |
1st Floor
This street-level retail space offers a highly visible location along Ballard Avenue Northwest, one of Seattle’s most vibrant and historic commercial corridors. The property provides approximately 5,000 square feet of open-plan retail area, ideal for a wide range of merchandising concepts. Large storefront windows deliver excellent natural light and strong street presence, enhancing branding and customer engagement opportunities. The space is currently built out as a specialty retail store and features a clean, modern interior with exposed brick accents and flexible display areas. Immediate occupancy is available, and the sublease runs through April 30, 2029, with two five-year options to extend, offering long-term stability for tenants seeking a foothold in this dynamic neighborhood. Located in the heart of Ballard, the property benefits from heavy pedestrian traffic, proximity to popular dining and entertainment venues, and convenient access to major arterials connecting to downtown Seattle and surrounding neighborhoods. This is a rare opportunity to secure a prime retail address in one of the city’s most desirable urban districts.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 5209 Ballard Ave NW, Seattle, WA 98107
- Tenant
- Description
- US Locations
- Reach
- Tactics
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Tactics | Retailer | 1 | - |
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront | Parking Ratio | 1.2/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1900 |
| Parking Ratio | 1.2/1,000 SF |
About the Property
The property is located on Ballard Avenue Northwest in Seattle, Washington, within a dense urban neighborhood known for retail, dining, and entertainment uses. The site is accessible via major arterials and is situated in a walkable district with significant foot traffic. The surrounding area includes a mix of commercial and residential properties, with nearby public transit options and connectivity to downtown Seattle.
- Signage
Nearby Major Retailers
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5209 Ballard Ave NW
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