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    12400 116Th Ave NE Kirkland, WA 98034

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    For Lease
    $35 SF/Yr ($3,855 /Mo)

    Retail space available in a busy Kirkland shopping center.

    Property size:
    1,322 SF
    Lot size:
    2.25 Acres

    Property Features for 12400 116Th Ave NE

    General Information

    Size
    1,322 SF
    Lot size
    2.25 Acres

    Source: First Western Properties, Inc. Agent Jacob Thurber

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

    Overview

    Retail Space in Kirkland Center

    Located in a community and sub-regional center, this retail space benefits from proximity to services, vehicle sales, major retail outlets, and healthcare facilities. The location is supported by a strong housing and employment market and is situated moments from I-405. Co-tenants include Carpet Liquidators, BECU Credit Union, The UPS Store, Nekter, Starbucks, Ace Wellness, Small Threads, Mathnasium, Ezell’s, Chicken, Local Hot Bread, Romios, Bella Brasil Market, Saagan, Rose Design, and Bonafide Locksmith. The property offers 1322 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    Totem Lake West, Totem Square, 116th Street Plaza, Coinstar Kiosk | Bitcoin ATM, Totem Square II

    Location Insight

    • Map
    • Local Demand
    City
    Kirkland
    County
    King
    State
    Washington
    Longitude
    -122.185979
    Latitude
    47.712195

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy Kirkland shopping center.
    Where is this shopping center located?
    The property is located at 12400 116Th Ave NE Kirkland, WA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in a community hub with strong housing and employment market.; - Convenient access to I-405.; - Diverse mix of established co-tenants including national and local brands such as Starbucks and The UPS Store.
    (425) 822-5522
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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
    12400 116Th Ave NE Kirkland, WA 98034
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