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WaFd Bank 425 Pike St
2,900 - 39,860 SF of 4-Star Space Available in Seattle, WA 98101
Highlights
- Take advantage of this rarely available CBD opportunity for over 36,000 SF of office space at the SW corner of Fifth Avenue and Pike Street.
- 425 Pike Street was designed with incredibly efficient floor plates, an expansive rooftop deck, and beautiful new finishes.
- Tenants and guests enjoy the convenience of having a large cafe and WaFd Bank in the main lobby.
- Walkable to nearby world-class shops and restaurants, fine hotels, Seattle's newly expanded Convention & Trade Center and Pike Place Market.
- Visitors and tenants will appreciate 425 Pike Street's central location and convenient accessibility.
all available spaces(4)
Display Rent as
- Space
- Size
- Term
- Rent
- Space Use
- Condition
- Available
425 Pike Street is the Corporate headquarters for WaFd Bank. 5th & Pike is arguably one of the best corner retail spaces available in Downtown Seattle. Close proximity to Pike Place Market, Seattle Convention Center, Retail Core, Cedar Hall and many of Seattle's finest hotels, shops and restaurants.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Recessed Lighting
- Finished Ceilings: 12 ft - 14 ft
- Partially Built-Out as a Restaurant or Café Space
- High Ceilings
- After Hours HVAC Available
- Wheelchair Accessible
- Rate includes utilities, building services and property expenses
- Fits 31 - 99 People
- Partially Demolished Space
- Open Floor Plan Layout
- 1 Conference Room
- Can be combined with additional space(s) for up to 36,960 SF of adjacent space
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 36,960 SF of adjacent space
- Fits 50 - 100 People
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 36,960 SF of adjacent space
- Fits 50 - 100 People
| Space | Size | Term | Rent | Space Use | Condition | Available |
| 1st Floor, Ste 100 | 2,900 SF | Negotiable | £43.14 /SF/PA £3.60 /SF/MO £464.38 /m²/PA £38.70 /m²/MO £125,113 /PA £10,426 /MO | Retail | Partial Build-Out | Now |
| 4th Floor, Ste 400 | 12,320 SF | Negotiable | £31.38 /SF/PA £2.61 /SF/MO £337.73 /m²/PA £28.14 /m²/MO £386,557 /PA £32,213 /MO | Office | Shell Space | Now |
| 5th Floor, Ste 500 | 12,320 SF | Negotiable | £33.34 /SF/PA £2.78 /SF/MO £358.84 /m²/PA £29.90 /m²/MO £410,717 /PA £34,226 /MO | Office | Shell Space | Now |
| 6th Floor, Ste 600 | 12,320 SF | Negotiable | £35.30 /SF/PA £2.94 /SF/MO £379.95 /m²/PA £31.66 /m²/MO £434,877 /PA £36,240 /MO | Office | Shell Space | Now |
1st Floor, Ste 100
| Size |
| 2,900 SF |
| Term |
| Negotiable |
| Rent |
| £43.14 /SF/PA £3.60 /SF/MO £464.38 /m²/PA £38.70 /m²/MO £125,113 /PA £10,426 /MO |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Floor, Ste 400
| Size |
| 12,320 SF |
| Term |
| Negotiable |
| Rent |
| £31.38 /SF/PA £2.61 /SF/MO £337.73 /m²/PA £28.14 /m²/MO £386,557 /PA £32,213 /MO |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
5th Floor, Ste 500
| Size |
| 12,320 SF |
| Term |
| Negotiable |
| Rent |
| £33.34 /SF/PA £2.78 /SF/MO £358.84 /m²/PA £29.90 /m²/MO £410,717 /PA £34,226 /MO |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
6th Floor, Ste 600
| Size |
| 12,320 SF |
| Term |
| Negotiable |
| Rent |
| £35.30 /SF/PA £2.94 /SF/MO £379.95 /m²/PA £31.66 /m²/MO £434,877 /PA £36,240 /MO |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor, Ste 100
| Size | 2,900 SF |
| Term | Negotiable |
| Rent | £43.14 /SF/PA |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
425 Pike Street is the Corporate headquarters for WaFd Bank. 5th & Pike is arguably one of the best corner retail spaces available in Downtown Seattle. Close proximity to Pike Place Market, Seattle Convention Center, Retail Core, Cedar Hall and many of Seattle's finest hotels, shops and restaurants.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- High Ceilings
- Recessed Lighting
- After Hours HVAC Available
- Finished Ceilings: 12 ft - 14 ft
- Wheelchair Accessible
4th Floor, Ste 400
| Size | 12,320 SF |
| Term | Negotiable |
| Rent | £31.38 /SF/PA |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- Fits 31 - 99 People
- 1 Conference Room
- Partially Demolished Space
- Can be combined with additional space(s) for up to 36,960 SF of adjacent space
5th Floor, Ste 500
| Size | 12,320 SF |
| Term | Negotiable |
| Rent | £33.34 /SF/PA |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fits 50 - 100 People
- Can be combined with additional space(s) for up to 36,960 SF of adjacent space
6th Floor, Ste 600
| Size | 12,320 SF |
| Term | Negotiable |
| Rent | £35.30 /SF/PA |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fits 50 - 100 People
- Can be combined with additional space(s) for up to 36,960 SF of adjacent space
Property Overview
Home to WaFd Bank’s recently reimagined corporate headquarters, 425 Pike Street is located at the corner of Fifth Avenue and Pike Street, at the nexus of downtown Seattle’s Central Business District (CBD) and retail core. Finding an availability at this esteemed address is rare. 425 Pike Street is a classic, boutique Class A low-rise office building spanning six stories, with recent renovations. The top three floors, four through six, are now available individually, each at 12,320 square feet or as a single contiguous unit for a total of 36,960 square feet. All three floors have been fully demolished and will be delivered in warm-shell condition, ready for tenant improvements. Plans are in the works for an expansive, landscaped rooftop deck, which will be available shortly after move-in for tenant use and private functions. Upon entry from Pike Street, 12-foot-high video walls flank the main entry. Starbucks and WaFd Bank bookend the dramatic and voluminous main lobby space. Visitors are drawn to the staffed concierge desk at the richly appointed elevator lobby. The elevators have been completely modernized with all-new interior finishes and destination-dispatch controls. Tenants have access to a below-grade parking garage with 34 parking spaces for monthly and client/visitor parking. Centrally located, 425 Pike Street is surrounded by Seattle’s finest hotels, high-profile retailers, and top-rated restaurants. The property is just blocks from the waterfront and the Pike Place Market. There are numerous public transportation options, all within easy walking distance, including the Sound Transit / Light Rail Stations that travel northward to the University of Washington, Northgate and points beyond. Southbound trains access many southern neighborhoods and SeaTac airport. For those commuting into the city from the various urban neighborhoods and suburbs, Interstate 5, Highway 520, Interstate 90, Highway 99 and many major arterials are all nearby and easily accessible.
- 24 Hour Access
- Banking
- Bus Route
- Controlled Access
- Concierge
- Restaurant
- Roof Terrace
- Lift Access
- Air Conditioning
- Fiber Optic Internet
PROPERTY FACTS
SELECT TENANTS
- Floor
- Tenant Name
- Industry
- 1st
- SEE
- Retailer
- 1st
- Starbucks
- Retailer
- Multiple
- WaFd Bank
- Professional, Scientific, and Technical Services
Marketing Brochure
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Elephant & Castle | - | - | 1 min walk |
| Frolik Kitchen + Cocktails | American | ££ | 1 min walk |
| Veggie Grill | - | - | 2 min walk |
| Jimmy John's | Fast Food | £ | 2 min walk |
| Chipotle | - | - | 2 min walk |
| Pressed Juicery | Juices | - | 4 min walk |
| Blue Water Taco Grill | Grill | £ | 3 min walk |
| Zuba | Halal | £££ | 4 min walk |
| Wild Ginger | Asian | £££ | 4 min walk |
Retail |
||
|---|---|---|
| WaFd Bank | Bank | In Building |
| Madewell | Other Retail | 2 min walk |
| Abercrombie & Fitch | Unisex Apparel | 3 min walk |
| Anthropologie | Ladies' Apparel | 3 min walk |
| Sephora | Health & Beauty Aids | 3 min walk |
| Urban Outfitters | Unisex Apparel | 3 min walk |
| Nordstrom Rack | Dept Store | 4 min walk |
| Zara | Unisex Apparel | 4 min walk |
| Target | Dept Store | 5 min walk |
Hotels |
|
|---|---|
| Hilton |
319 rooms
1 min walk
|
| Sheraton Hotel |
1,236 rooms
5 min walk
|
| Fairmont |
450 rooms
5 min walk
|
| W Hotel |
424 rooms
6 min walk
|
| Four Seasons |
147 rooms
6 min walk
|
| Hyatt |
346 rooms
7 min walk
|
About Seattle CBD
Seattle’s traditional office core has seen strong employment growth over the past couple of decades and is immediately surrounded by some of the densest and fastest-growing residential neighborhoods in the Pacific Northwest.
More than a quarter of a million workers commute to the neighborhood and many work in tech-related jobs. Major employers in the area include Amazon, Indeed, Hulu, SAP Qualtrics, and F5 Networks.
The city core has benefited from the growth of Amazon and other large tech companies. In addition to occupying office space, many employees choose to live close to offices. Nearly 40% of employees in downtown Seattle walk to work, and those who drive from outside of Seattle will have the opportunity to take light rail when its current expansion is completed by 2025.
A recent downturn in the office sector has left the center city with a high level of vacancy. However, the area remains the employment center of the region and has proven resilient after previous downturns. A diverse range of businesses, along with a growing residential base and an array of cultural amenities should keep downtown Seattle an attractive place to do business.
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WaFd Bank | 425 Pike St
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