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Kirkland Retail Space For Rent
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123 Lake St S, Kirkland, WA

Newly renovated retail space near Kirkland amenities and transit.

Property Size4,090 SF
Lot Size0.23 Acres
Days on Market324

Property Features for 123 Lake St S

General Information

Standard status Active
Size 4,090 SF
Lot size 0.23 Acres
Property subtype RETAIL
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Troy Gessel
Source: Moodyscre
Added: Sep 12, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:54AM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This retail space, comprising 4090 square feet, has been newly renovated with high-end finishes. Designated parking stalls are available. The property is located within walking distance to many amenities and is situated blocks from Marina Park Pavilion, Kirkland Urban, and the Kirkland Transit Center.

Key Highlights

  • Newly renovated with high‑end finishes
  • Walking distance to many amenities
  • Blocks from Marina Park Pavilion

Property Analytics

Current Use

Jen Cameron Real Estate Agency The Agency Seattle- Piper ... Real Estate Agency James Campbell, Broker, ... Real Estate Agency The Agency Seattle Real Estate Agency Dickinson Group - The Agency Real Estate Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Bakery Supermarket Grocery & Convenience 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

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,292
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 41% Home Improvements & Furnishings 8% Electronics 2%
Shake Shack Dining
13,664 visits/mo 0.4 miles
Shell Shops & Services
8,247 visits/mo 0.4 miles
Starbucks Dining
4,775 visits/mo 0.1 miles
Sur La Table Home Improvements & Furnishings
4,509 visits/mo 0.2 miles
Chase Bank Shops & Services
3,289 visits/mo 0.1 miles

Market

Lease Benchmarks for Kirkland, WA

$37.96 /SF/Yr
Avg Asking Price
$28–$64.02 /SF/Yr
Price Range
2,797 SF
Avg Space Size

This space is priced 8% below the average of $37.96 /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 - Newly renovated retail space near Kirkland amenities and transit.
Where is this retail space located?
The property is located at 123 Lake St S Kirkland, WA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Newly renovated with high‑end finishes; Walking distance to many amenities; Blocks from Marina Park Pavilion
(206) 210-5207 Call to check price and availability
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