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516 S Jackson St 2,700 SF of Retail Space Available in Seattle, WA 98104
Highlights
- Turnkey 2,700 SF restaurant and commercial kitchen.
- Recently renovated with a flexible layout for multiple concepts.
- Type 1 hood, grease interceptor, and walk-in cooler in place.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,700 SF | 7 Years | $30.00 /SF/YR $2.50 /SF/MO $81,000 /YR $6,750 /MO | Triple Net (NNN) |
1st Floor
Turnkey restaurant and commercial kitchen space with exceptional rental terms available via lease assignment in Seattle’s International District. Renovated just over two years ago, this approximately 2,700 square foot space offers a strong foundation for operators looking to establish a restaurant, expand an existing concept, or step into a fully built kitchen environment while avoiding the time and cost of a full build-out. The premises feature a commercial kitchen infrastructure including a Type 1 hood with fire suppression system, grease trap, and walk-in coolers, along with an efficient layout designed to support a wide range of food and beverage operations. The dining area provides flexibility for various service models, including full-service dining, limited service, takeout, and delivery, depending on the operator’s concept. With essential infrastructure already in place, an incoming tenant can significantly reduce upfront capital expenditures and shorten the timeline to opening compared to starting from a shell space. The location supports both customer-facing and operational needs, with convenient access for deliveries and nearby parking. This opportunity may be suitable for: Full-service or limited-service restaurant operators Takeout and delivery-focused concepts Catering, commissary, or food production uses Operators seeking a second-generation restaurant space Key Features: Approx. 2,700 SF restaurant / commercial kitchen space Renovated approximately two years ago Type 1 hood with fire suppression system Grease interceptor in place Walk-in cooler(s) Flexible layout supporting multiple service formats Lease Information: Lease term through 2033, Available via lease assignment, Exceptional rental terms Equipment: Restaurant equipment is not included in the lease and is available for an additional cost. Equipment details and pricing to be discussed separately. This is a versatile opportunity for experienced operators seeking a move-in-ready restaurant or commercial kitchen space with flexibility in structure and use. Flexible deal terms will be considered. All transactions subject to landlord approval.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Freezer Space
- Corner Space
- Commercial Kitchen / Restaurant Space – Turnkey
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
| Total Space Available | 2,700 SF | Gross Leasable Area | 2,700 SF |
| Property Type | Retail | Year Built/Renovated | 1926/2023 |
| Total Space Available | 2,700 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,700 SF |
| Year Built/Renovated | 1926/2023 |
About the Property
Turnkey restaurant and commercial kitchen space available via lease assignment. Approximately 2,700 SF with Type 1 hood, grease interceptor, and walk-in cooler in place. Renovated approximately two years ago. Suitable for a variety of restaurant and food service uses. Equipment available for an additional cost.
Nearby Major Retailers
Presented by
Wonderland Real Estate
516 S Jackson St
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