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Redeveloping Shoreline Plaza Retail Space
For Lease
$16.50 SF/Yr

15405 Westminster Way, Shoreline, WA 98133

Retail and warehouse space near Central Market in Shoreline.

Space Size8,800 SF
Days on Market164

Property Features for 15405 Westminster Way

General Information

Standard status Active
Size 8,800 SF
Property subtype Retail
Lease Term NNN

Spaces For Lease

at 15405 Westminster Way Contact us

15405 Westminster Way $16.50/SF/Yr

Size
8,800 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: NAI Puget Sound Properties - Seattle
Listed By: Kurt Sorensen · License #SORENKA501L
Source: Nai-psp
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 17 at 5:22AM

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 NAI Puget Sound Properties - Seattle

Investment Insights

Based on property information with market context.

Located in the redeveloping Shoreline Plaza, formerly Aurora Square, this retail and warehouse space is situated next to a Bank of America and adjacent to a Town & Country Central Market. The property is positioned in the first block north of Seattle limits, benefiting from high-density income demographics. The location boasts a median household income exceeding $119,000 and a population of 339,541 within a 5-mile radius. Approximately 1,500 apartments are under construction within a quarter-mile of the shopping center. The available space totals 8,800 square feet, formerly occupied by LL Floors. It includes approximately 1,500 square feet of retail showroom space and approximately 7,200 square feet of high-bay warehouse space, featuring drive-in access and a dock-high loading area. The property is available now.

Key Highlights

  • Located adjacent to a high‑performing Town & Country Central Market in a redeveloping marquee shopping center.
  • High‑density, high‑income demographics: $119,000+ median household income and 339,541 population within a 5‑mile radius.
  • 8,800 SF of box retail space available now.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Dental Office HVAC Service

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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 98133, WA

50,720
Population
24,730
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
7,144
Density / Sq Mi
$92,371
Median Household Income
$60,328
Median Earnings
$1,794
Median Rent
$719,100
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and warehouse space near Central Market in Shoreline.
Where is this retail space located?
The property is located at 15405 Westminster Way Shoreline, WA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Located adjacent to a high‑performing Town & Country Central Market in a redeveloping marquee shopping center.; High‑density, high‑income demographics: $119,000+ median household income and 339,541 population within a 5‑mile radius.; 8,800 SF of box retail space available now.**
More about this property
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