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Bellevue Retail Space For Lease
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12402 SE 38th Pl Bellevue, Bellevue, WA 98006

11,701 SF retail space with excellent street frontage.

Space Size11,701 SF
Days on Market225

Property Features for 12402 SE 38th Pl Bellevue

General Information

Standard status Active
Size 11,701 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 12402 SE 38th Pl Bellevue Contact us

Available Space

Size
11,701 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Listing Agency: Colliers - Bellevue, Washington
Listed By: Ryan Olson · License #29573
Source: Crexi
Added: Jan 12 Changed: Aug 22 Last Checked: Aug 23 at 11:19PM

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 Colliers - Bellevue, Washington

Investment Insights

Based on property information with market context.

The available retail space encompasses the entire first floor, offering 11,701 square feet. The space features one 10-foot by 14-foot rollup door and ceiling heights ranging from 12 to 16 feet. Abundant natural light fills the spacious and configurable layout. Rear access is available for deliveries or staff movement. Ample drive-up parking stalls are provided, along with two restrooms and designated entry zones. On-building signage opportunities are available. The property benefits from excellent street frontage and visibility, as well as steady foot traffic and proximity to major retailers and restaurants. Its location provides excellent commuter and shopper access due to its close proximity to major freeways. Nearby residential communities and office parks contribute a strong, built-in customer base. The intended use of the property is retail.

Key Highlights

  • Excellent street frontage and visibility with on‑building signage available.
  • Abundant natural light and spacious, configurable 11,701 SF layout.
  • Ample drive‑up parking stalls and designated entry zones.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Furniture & Home Goods Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Tattoo & Piercing Shop 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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby
533k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 29% Apparel 29% Superstores 21% Shops & Services 11%
Target Superstores
110,759 visits/mo 0.2 miles
Nordstrom Rack Apparel
52,853 visits/mo 0.2 miles
T.J. Maxx Apparel
48,114 visits/mo 0.3 miles
AMC Factoria 8 Leisure
44,888 visits/mo 0.4 miles
Old Navy Apparel
34,237 visits/mo 0.3 miles

Demographics for 98006, WA

40,871
Population
14,754
Households
2.8
Avg Household Size
42
Median Age
72%
College-Educated
97%
High-School Grad
11.2 sq mi
ZIP Area
3,649
Density / Sq Mi
$197,344
Median Household Income
$89,371
Median Earnings
$2,869
Median Rent
$1,233,500
Median Home Value

Market

Lease Benchmarks for Bellevue, WA

$34.43 /SF/Yr
Avg Asking Price
$25.75–$55 /SF/Yr
Price Range
8,285 SF
Avg Space Size

This space is priced 16% above the average of $34.43 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 11,701 SF retail space with excellent street frontage.
Where is this retail space located?
The property is located at 12402 SE 38th Pl Bellevue Bellevue, WA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Excellent street frontage and visibility with on‑building signage available.; Abundant natural light and spacious, configurable 11,701 SF layout.; Ample drive‑up parking stalls and designated entry zones.
More about this property
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