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Prime Downtown Kirkland Retail Space
For Lease
$45 SF/Yr

116 - 122 Central Way, Kirkland, WA 98033

Highly visible retail space in Kirkland's vibrant downtown area.

Space SizeContact for details
Days on Market164

Property Features for 116 - 122 Central Way

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1922
Listing Agency: NAI Puget Sound Properties
Listed By: Blake Stedman · License #WA2495
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 17 at 5:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

Located in the heart of downtown Kirkland, the retail space at 120 Central Way offers a prime opportunity for businesses. The storefront is modern and highly visible, benefiting from heavy foot traffic in a bustling area. The property is situated in a vibrant neighborhood with a growing population and a strong local economy, making it suitable for retail and street retail ventures. The available space is 2,225 square feet and features a current professional office layout, including 5 private suites, a conference room, and an additional work room. It also includes 2 bathrooms, a kitchenette, a break room, and a mother’s room. The property is one block from the Kirkland waterfront and Marina Park, with convenient access to I-405 and SR 520. The property is within walking distance of Kirkland Urban, which offers a dynamic mix of shopping, dining, and entertainment options. Nearby attractions also include the scenic waterfront parks along Lake Washington, providing a picturesque backdrop for retail businesses. The space will be available starting 7/1/2026.

Key Highlights

  • Prime retail space in the heart of downtown Kirkland with abundant foot traffic and visibility.
  • Located one block from the Kirkland waterfront and Marina Park.
  • 2,225 SF available for lease.

Property Analytics

Current Use

Coastline Burgers Kirkland Restaurant Forge Pizza Restaurant

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Daycare Center Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,438
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Dining 45% Home Improvements & Furnishings 8% Electronics 2%
Shake Shack Dining
13,664 visits/mo 0.2 miles
Shell Shops & Services
8,247 visits/mo 0.2 miles
Starbucks Dining
4,775 visits/mo 0.2 miles
Sur La Table Home Improvements & Furnishings
4,509 visits/mo 0.2 miles
Brown Bear Car Wash Shops & Services
3,806 visits/mo 0.4 miles

Demographics for 98033, WA

41,763
Population
18,211
Households
2.3
Avg Household Size
39
Median Age
73%
College-Educated
98%
High-School Grad
9.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$174,005
Median Household Income
$97,472
Median Earnings
$2,386
Median Rent
$1,259,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible retail space in Kirkland's vibrant downtown area.
Where is this retail space located?
The property is located at 116 - 122 Central Way Kirkland, WA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Prime retail space in the heart of downtown Kirkland with abundant foot traffic and visibility.; Located one block from the Kirkland waterfront and Marina Park.; 2,225 SF available for lease.
More about this property
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