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New-Construction Retail Space
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12055 Slater Ave NE, Kirkland, WA 98034

Modern retail suites with flexible demising options, covered parking, and access to I-405 and the Village at Totem Lake.

Space Size6,624 SF - 8,923 SF
Property Size15,547 SF
Days on Market70

Property Features for 12055 Slater Ave NE

General Information

Standard status Active
Size 6,624 SF - 8,923 SF
Net Rentable 6,624 SF
Total Parking Spaces 63
Property subtype Retail

Space & Availability

Available Space 6,624-15,547 SF
Divisible Yes
Space Use Retail
Available From 2025-Q3

Additional Details

Highway Access Yes

Building Details

Building Size 15,547 SF
Year Built 2025

Spaces For Lease

at 12055 Slater Ave NE Contact us

The Brynn Retail

Size
6,624 SF
Type
Street Retail
Term
Negotiable
Contact us

The Brynn Retail

Size
8,923 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Leibsohn & Company
Listed By: Royce Cottle
Source: Leibsohn
Added: Jun 24 Changed: Aug 31 Last Checked: Aug 31 at 2:06PM

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 Leibsohn & Company

Investment Insights

Based on property information with market context.

New retail space is scheduled for delivery in Q3 2025 at 12055 Slater Ave NE in Kirkland. The project offers as much as 15,547 square feet, with the option to lease the space together or divide it into 8,923-square-foot and 6,624-square-foot suites. The retail component is positioned at the ground level of a 486-unit residential development and includes modern storefront exposure.

The property provides 63 covered retail parking stalls along with street parking. Its location offers access to I-405 and the Village at Totem Lake, placing the space near established retail, entertainment, and lifestyle amenities in the Totem Lake neighborhood.

Key Highlights

  • Up to 15,547 SF of new retail space delivering in Q3 2025
  • Available as one space or in 8,923 SF and 6,624 SF configurations
  • Located at the base of a 486‑unit residential development

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Nail Salon Hair Salon Hotel & Motel Discount Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,758
Businesses Nearby
528k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Dining 23% Shops & Services 21% Apparel 8%
Fred Meyer Groceries
88,873 visits/mo 0.5 miles
Trader Joe's Groceries
60,531 visits/mo 0.4 miles
Whole Foods Market Groceries
55,270 visits/mo 0.3 miles
Chick-fil-A Dining
54,478 visits/mo 0.3 miles
Ross Dress for Less Apparel
41,173 visits/mo 0.5 miles

Demographics for 98034, WA

51,464
Population
22,488
Households
2.3
Avg Household Size
38
Median Age
58%
College-Educated
96%
High-School Grad
9.8 sq mi
ZIP Area
5,251
Density / Sq Mi
$128,974
Median Household Income
$67,343
Median Earnings
$2,324
Median Rent
$875,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Modern retail suites with flexible demising options, covered parking, and access to I-405 and the Village at Totem Lake.
Where is this retail space located?
The property is located at 12055 Slater Ave NE Kirkland, WA.
What are key features of this property?
This property features: Up to 15,547 SF of new retail space delivering in Q3 2025; Available as one space or in 8,923 SF and 6,624 SF configurations; Located at the base of a 486‑unit residential development
More about this property
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