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Retail Space Scheduled for Redevelopment
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For Lease
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12001-12005 NE 12th St, Bellevue, WA 98005

A short-term retail tenancy is available before the property’s planned redevelopment.

Space Size2,400 SF
Days on Market4

Property Features for 12001-12005 NE 12th St

General Information

Standard status Active
Size 2,400 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 12001-12005 NE 12th St Contact us

Brierwood Center #14 $28/SF/Yr

Floor
1
Size
2,400 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Short-term tenancy. Property scheduled for redevelopment.
Contact us
Listing Agency: Hal Woosley Properties, Inc.
Listed By: TJ Woosley
Source: Moodyscre
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 2 at 2:02PM

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 Hal Woosley Properties, Inc.

Investment Insights

Based on property information with market context.

This 2,400-square-foot retail space at 12001-12005 NE 12th St offers a short-term tenancy ahead of scheduled redevelopment. The property is located in Bellevue, Washington, at the listed NE 12th Street address.

Key Highlights

  • 2,400‑square‑foot retail space
  • Short‑term tenancy available
  • Property scheduled for redevelopment

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Catering Service Restaurant Clothing & Fashion Store Florist

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,542
Businesses Nearby
331k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Dining 31% Shops & Services 21% Electronics 14%
Whole Foods Market Groceries
75,738 visits/mo 0.4 miles
Chick-fil-A Dining
73,404 visits/mo 0.4 miles
Best Buy Electronics
46,794 visits/mo 0.4 miles
Total Wine & More Groceries
31,943 visits/mo 0.3 miles
ARCO Shops & Services
23,440 visits/mo 0.4 miles

Demographics for 98005, WA

20,961
Population
9,420
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
2,871
Density / Sq Mi
$158,396
Median Household Income
$87,000
Median Earnings
$2,380
Median Rent
$1,373,000
Median Home Value

Market

Lease Benchmarks for Bellevue, WA

$34.43 /SF/Yr
Avg Asking Price
$25.75–$55 /SF/Yr
Price Range
8,285 SF
Avg Space Size

This space is priced 19% below the average of $34.43 /SF/Yr.

Vacancy Rate% for Retail in West region

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

What type of property is this?
Retail space - A short-term retail tenancy is available before the property’s planned redevelopment.
Where is this retail space located?
The property is located at 12001-12005 NE 12th St Bellevue, WA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 2,400‑square‑foot retail space; Short‑term tenancy available; Property scheduled for redevelopment
(425) 765-8323 Call to check price and availability
More about this property
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