THE OFFERING

Colliers International’s McKay | Chhan | Wayne present the 5th & Main Development site, a 14,400 square foot assemblage located in an opportunity zone, at the hard corner signalized intersection of 5th Avenue and Main Street in the International District of Downtown Seattle. 

 

The site is rectangular in shape with alley access and no parking is required by code. The 5th and Main development site benefits from immediate proximity to the Seattle Streetcar, Light Rail, and King Street Stations. This connectivity provides direct access to major employers, adjacent neighborhoods, and primary destinations throughout the Puget Sound Region. With a transit score of 100 and a walk score 98, 5th & Main is surrounded by an abundance of amenities, restaurants, and services. 

 

The International District is located within Downtown Seattle and is a neighborhood on the rise. The Koda Condominiums across the street are over 50% pre-sold or reserved and are listed at an average of $1,115 per sq ft. Additionally, 4,000,000 sq ft of office space is currently under construction or planned in the immediate area that could bring 26,000 jobs to the community.

Ground Lease Terms

The owners are seeking proposals for an unsubordinated, absolute net, 99 year ground lease. Proposals must include: 

Land value offered

Annual base rent

Base rent escalations

 

HIGH-RISE DEVELOPMENT SITE

100 TRANSIT SCORE

ID Light Rail Station - Red Line

  • 3 minutes to Downtown 

  • 29 min to Seatac International Airport

  • 7 min to Capitol Hill \

  • 11 min to University of Washington 

  • 18 min to Northgate
     

ID Light Rail Station - Blue Line (opening 2023)

  • 9 minutes to Mercer Island 

  • 19 minutes to Downtown Bellevue 

  • 29 minutes to Redmond Technology Center (Microsoft Headquarters )

MAJOR
EMPLOYERS

Fifth & Main is within a 10 minute walk to a large amount of major Seattle employers.

 
 

CENTRAL LOCATION

PIONEER SQUARE
DOWNTOWN
WATERFRONT
SODO
 

MARKETING  MATERIALS

Click the button below to view the full offering for Fifth & Main :

 

CONTACT  US

Colliers International WA LLC is the exclusive Listing Brokerage for the Offering.
Tim McKay, Dan Chhan & Sam Wayne exclusively represent the Lessor in the lease of Fifth & Main.

TIM MCKAY

Senior Vice President

Direct 206 223 5586

Mobile 206 369 7599

tim.mckay@colliers.com

DAN CHHAN

Senior Vice President

Direct 206 223 1265

Mobile 206 321 2047

dan.chhan@colliers.com

SAM WAYNE

Vice President

Direct 206 223 4498

Mobile 206 351 7656

sam.wayne@colliers.com

COLLIERS INTERNATIONAL

601 Union Street, Suite 5300, Seattle, WA 98101 

 

©  2019  by Colliers International.  All Rights Reserved. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed.
The user is required to conduct their own due diligence and verification.