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5325-5329 Ballard Ave NW 1,624 SF of Retail Space Available in Seattle, WA 98107
Highlights
- Historic 1909 masonry building on Ballard Ave
- Strong pedestrian traffic and established neighbourhood customer base
- Dense Ballard Avenue dining, bar and retail district
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,624 SF | Negotiable | $58.00 /SF/YR $4.83 /SF/MO $94,192 /YR $7,849 /MO | Triple Net (NNN) |
1st Floor
Rare opportunity to lease a fully built-out restaurant space in the heart of Ballard's vibrant and highly walkable commercial district. The former Andalucia restaurant offers approximately 1,624 SF of interior space plus an additional 375 SF outdoor patio, providing an exceptional opportunity for a restaurant, cafe, bar, or other hospitality concept. The space features an existing restaurant buildout, allowing a new operator to take advantage of significant existing infrastructure and substantially reduce the cost and timeline associated with a new restaurant conversion. The 375 SF outdoor patio provides valuable additional seating and an opportunity to activate the Ballard Avenue frontage during Seattle's peak outdoor dining season. Situated along Ballard Avenue, the property is surrounded by a dense concentration of restaurants, bars, retailers, and neighborhood services, with strong pedestrian activity and a well-established residential customer base. The location benefits from Ballard Avenue's distinctive character and reputation as one of Seattle's premier neighborhood dining and entertainment destinations. Features include a 10ft Type I hood, walk-in cooler, two in-suite bathrooms, and Ballard Ave frontage.
- Lease rate does not include utilities, property expenses or building services
- Fully built-out restaurant space, former Andalucia
- 10ft Type I hood and walk-in cooler
- 375 SF outdoor patio
- Two in-suite bathrooms
- Ballard Ave frontage
- Turnkey, reduced conversion cost and timeline
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 5325-5329 Ballard Ave NW, Seattle, WA 98107
- Tenant
- Description
- US Locations
- Reach
- Adswerve
- Other Services
- 2
- Local
- B T G Pactual Timberland
- Finance and Insurance
- 1
- -
- Ballard Space LLC
- Real Estate
- 1
- -
- Fair Trade Winds
- Card/Gifts
- 1
- -
- Sexton
- Restaurant
- 1
- -
- Urban Family Public House
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Adswerve | Other Services | 2 | Local |
| B T G Pactual Timberland | Finance and Insurance | 1 | - |
| Ballard Space LLC | Real Estate | 1 | - |
| Fair Trade Winds | Card/Gifts | 1 | - |
| Sexton | Restaurant | 1 | - |
| Urban Family Public House | - | 1 | - |
Property Facts
| Total Space Available | 1,624 SF | Gross Leasable Area | 8,610 SF |
| Property Type | Retail | Year Built | 1909 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.46/1,000 SF |
| Total Space Available | 1,624 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,610 SF |
| Year Built | 1909 |
| Parking Ratio | 0.46/1,000 SF |
Features and Amenities
- Signage
Nearby Major Retailers
Contact the Leasing Agent
5325-5329 Ballard Ave NW