Retail Suites with Building
For Lease
Contact for pricing
12031 Northup Way, Bellevue, WA 98005
Two retail suites available 6/1/2026 or sooner, with building and pylon signage and ample on-site parking.
Space Size1,625 SF
Days on Market105
Property Features for 12031 Northup Way
General Information
Standard status
Active
Size
1,625 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 12031 Northup Way Contact us- Floor
- 1st
- Size
- 1,625 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE
Northup Center $26/SF/Yr
Address:
12031 Northup Way, Suite B104, B105
Bellevue, WA 98005
Rentable Area: 1,625...
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Contact us
Listing Agency:
Skyline Properties, Inc
(425) 455-2065
Listed By:
Nanling Chen
(206) 310-1165
Source:
Moodyscre
Added: Jun 1
Changed: Sep 2
Last Checked: Sep 12 at 10:21AM
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 Skyline Properties, Inc
Investment Insights
Based on property information with market context.
Retail suites B104 and B105 are available 6/1/2026 or sooner. Each suite offers 1,625 square feet of rentable area. The center provides building and pylon signage, along with generous parking throughout the complex.
The property is located within a multi-building retail environment at 12031 Northup Way in Bellevue, with easy access from I-405 and SR 520. The marketing materials note the Spring District area is about 0.5 miles from a light rail station, and reference Meta/Facebook’s anticipated 20,000+ employees in the Spring District.
The tenant roster across the complex includes a mix of retail and service businesses, including fitness concepts, a pet-focused café, and multiple food users such as Subway and Five Grain Noodle House.
The property is located within a multi-building retail environment at 12031 Northup Way in Bellevue, with easy access from I-405 and SR 520. The marketing materials note the Spring District area is about 0.5 miles from a light rail station, and reference Meta/Facebook’s anticipated 20,000+ employees in the Spring District.
The tenant roster across the complex includes a mix of retail and service businesses, including fitness concepts, a pet-focused café, and multiple food users such as Subway and Five Grain Noodle House.
Key Highlights
- Two retail suites (B104 and B105) at 12031 Northup Way, Bellevue—each with 1,625 SF rentable area
- Availability: 6/1/2026 or sooner for suites B104 and B105
- Complex includes 92,000+ SF across 3 buildings
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,699
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 84%
Dining 16%
Road Runner Sports
Apparel
4,722 visits/mo
0.2 miles
SUBWAY
Dining
922 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Bellevue, WA
$34.43 /SF/Yr
Avg Asking Price
$25.75–$55 /SF/Yr
Price Range
8,293 SF
Avg Space Size
This space is priced 24% below the average of $34.43 /SF/Yr.
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Two retail suites available 6/1/2026 or sooner, with building and pylon signage and ample on-site parking.
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: Two retail suites (B104 and B105) at 12031 Northup Way, Bellevue—each with 1,625 SF rentable area; Availability: 6/1/2026 or sooner for suites B104 and B105; Complex includes 92,000+ SF across 3 buildings
