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    12031 Northup Way Bellevue, WA 98005

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    For Lease
    $26 SF/Yr ($3,520 /Mo)

    Retail spaces near future Tesla Supercharger Station and Light Rail.

    Property size:
    1,625 SF
    Lot size:
    1.01 Acres

    Property Features for 12031 Northup Way

    General Information

    Size
    1,625 SF
    Lot size
    1.01 Acres

    Source: Skyline Properties, Inc Agent Nanling Chen

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

    Overview

    Bellevue Retail Space Available

    Located at 12031 Northup Way in Bellevue, Washington, the available retail spaces offer 1,625 square feet per unit. These newer built-out units include an open retail showroom and back area. The property is situated approximately 0.5 miles from the Light Rail Station and the Spring District, where META/Facebook is expected to house over 20,000 employees. The location provides easy access to I-405 and SR 520. Generous parking is available throughout the complex, and building and pylon signage options are present. An 8-station TESLA Supercharger is planned for the site. The property is suitable for restaurant use, serving the employees of META/Facebook. Other tenants include Subway, Looking for Chai Restaurant, Mollie Michelle Boutique Salon, Quality Sleep Mattress Store, Veterinary Hospital, Systems Unlimited, Midnight Window Tint, Home Story Bellevue, Mallory Paint Store, Elevate Sporting, Athletic Training Institute, and Tap Plastics. The property is part of a complex totaling over 92,000 square feet across three buildings. Availability is projected for 7/1/2025 or sooner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Group One Northwest Electronic Parts Supplier LaserVision Laser Equipment Supplier Clayton Aquarium Corporation Tropical Fish Store H-Squared, LLC Laser Cutting Service Mike Lull's Guitar ... Musical Instrument Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1798536
    Latitude
    47.6302758

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    FAQs

    What type of property is this?
    Retail space - Retail spaces near future Tesla Supercharger Station and Light Rail.
    Where is this retail space located?
    The property is located at 12031 Northup Way Bellevue, WA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: Just 0.5 miles from Light Rail Station and Spring District, future home to 20,000+ META/Facebook employees.; - High-traffic retail location in Bellevue.; - **Ideal for restaurant to serve 20,000+ META/Facebook employees.**
    (425) 455-2065
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    12031 Northup Way Bellevue, WA 98005
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    Bellevue, WA 98005
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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
    12031 Northup Way Bellevue, WA 98005
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