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    15405 Westminster Way Shoreline, WA 98133

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    For Lease
    $16 SF/Yr

    Retail showroom and highbay warehouse space available near Central Market.

    Property size:
    40,000 SF
    Lot size:
    40,000 SF

    Property Features for 15405 Westminster Way

    General Information

    Size
    40,000 SF

    Source: Kurt Sorensen Agent Kurt Sorensen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redeveloping Retail Space in Shoreline

    Located in Shoreline Plaza, formerly Aurora Square, this big box retail space is available for lease. The redeveloping center is adjacent to a Bank of America and the highly successful Town & Country Central Market. The space consists of approximately 1,500 square feet of retail showroom and approximately 7,200 square feet of highbay warehouse space, featuring both drive-in and dock-high loading. The location is situated just north of Seattle city limits, benefiting from high-density income demographics. The median household income exceeds $119,000, and the population within a 5-mile radius is 339,541. Furthermore, 1,500 apartments are under construction within a quarter-mile of the shopping center. The property offers potential uses as showrooms, individual retail, retail properties, warehouses, and industrial properties.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    A Quality Floor Services

    Location Insight

    • Map
    • Local Demand
    City
    Shoreline
    County
    King
    State
    Washington
    Longitude
    -122.3501239
    Latitude
    47.7419021

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    FAQs

    What type of property is this?
    Showroom - Retail showroom and highbay warehouse space available near Central Market.
    Where is this showroom located?
    The property is located at 15405 Westminster Way Shoreline, WA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Located adjacent to a high-performing Town & Country Central Market.; - High-density, high-income demographics: $119,000+ median HH income.; - **8,800 SF of box retail space available now**, formerly LL Floors.
    (206) 817-5700
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15405 Westminster Way Shoreline, WA 98133
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