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3080 148th Ave SE, Bellevue, WA 98007

Retail space in a busy Bellevue shopping center with parking.

Property Size3,406 SF
Lot Size15.00 Acres
Days on Market749

Property Features for 3080 148th Ave SE

General Information

Standard status Active
Size 3,406 SF
Lot size 15.00 Acres
Property subtype RETAIL
Listing Agency: Kidder Mathews
Listed By: Monica Wallace · License #27628
Source: Moodyscre
Added: Jul 15, 2024 Changed: Jul 6 Last Checked: Jul 30 at 5:59AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

This is a second-generation retail space, formerly occupied by Overlake Family Medicine, located in a busy Bellevue shopping center. The property features drive-up parking at a rate of 5+ spaces per 1,000 square feet. The location provides convenient access to Bellevue College, downtown Bellevue, I-90, and I-405. The property has a size of 3406 square feet.

Key Highlights

  • High parking ratio (5+/1000) for convenient customer access.
  • Prime location in a busy Bellevue shopping center.
  • Rare 2nd generation retail space, ready for immediate occupancy.

Property Analytics

Current Use

Lil' Jon Restaurant ... Restaurant Crystal E. Sealey, ... Physician Sean Mackie Hospital Creditly Credit Repair ... Financial Advisor Michael's Toyota of Bellevue Car Dealership

Suggested Use

Top Pick Restaurant Hair Salon Building Supply Nail Salon Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby
186k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 34% Groceries 20% Hotels & Casinos 5%
Safeway Groceries
37,496 visits/mo 0.3 miles
McDonald's Dining
19,269 visits/mo 0.1 miles
Starbucks Dining
15,016 visits/mo 0.2 miles
Michael's Toyota Of Bellevue Shops & Services
14,477 visits/mo 0.2 miles
Shell Shops & Services
14,288 visits/mo 0.4 miles

Demographics for 98007, WA

29,476
Population
12,403
Households
2.4
Avg Household Size
33
Median Age
69%
College-Educated
95%
High-School Grad
4.3 sq mi
ZIP Area
6,855
Density / Sq Mi
$126,814
Median Household Income
$81,818
Median Earnings
$2,276
Median Rent
$934,600
Median Home Value

Market

Lease Benchmarks for Bellevue, WA

$31.05 /SF/Yr
Avg Asking Price
$20–$45.42 /SF/Yr
Price Range
13,074 SF
Avg Space Size

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 - Retail space in a busy Bellevue shopping center with parking.
Where is this retail space located?
The property is located at 3080 148th Ave SE Bellevue, WA.
What are key features of this property?
This property features: High parking ratio (5+/1000) for convenient customer access.; Prime location in a busy Bellevue shopping center.; Rare 2nd generation retail space, ready for immediate occupancy.
(425) 450-1104 Call to check price and availability
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