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    1018 164Th Pl SE Mill Creek, WA 98012

    For Lease
    $41 SF/Yr ($5,466 /Mo)

    Grocery-anchored retail center with high visibility and foot traffic.

    Property size:
    1,600 SF
    Lot size:
    1.29 Acres

    Property Features for 1018 164Th Pl SE

    General Information

    Size
    1,600 SF
    Lot size
    1.29 Acres

    Source: JSH Properties, Inc. Agent Steven Olsen

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

    Overview

    Retail Space in Mill Creek

    Located in Mill Creek, this retail space offers 1,600 square feet of space available starting October 1, 2025. The property is situated within an affluent trade area supported by major Fortune 500 employers, including Microsoft, Meta, Google, and Amazon. The retail center is well-maintained and features high visibility, a strong tenant mix, and consistently high foot traffic.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Location Insight

    • Map
    • Local Demand
    City
    Mill Creek
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2237353
    Latitude
    47.8486447

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Strip mall - Grocery-anchored retail center with high visibility and foot traffic.
    Where is this strip mall located?
    The property is located at 1018 164Th Pl SE Mill Creek, WA.
    What is the lease rate?
    The lease rate is $41 SF/Yr.
    What are key features of this property?
    This property features: - Prime grocery-anchored retail center; - Located in an affluent trade area; - Supported by top Fortune 500 employers like Microsoft, Meta, Google, and Amazon
    (425) 455-0500
    Request Owner's contact information
    1018 164Th Pl SE Mill Creek, WA 98012
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    Mill Creek, WA 98012
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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
    1018 164Th Pl SE Mill Creek, WA 98012
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