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Street-Front Retail Suite
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For Lease
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12409 NE 124th St, Kirkland, WA 98034

The existing layout has a lobby, teller line, private offices, a restroom and rear service access.

Space Size1,496 SF
Days on Market4

Property Features for 12409 NE 124th St

General Information

Standard status Active
Size 1,496 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 12409 NE 124th St
Retail for Lease $38/SF/Yr
Size 1,496 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Suite 12407 offers 1,496 SF of street-front space on NE 124th St at 124th Ave NE, one block from The Village at Totem Lake — home to Whole Foods, Trader Joe's, Barnes & Noble and more. The suite is currently built out with an open front lobby, teller line, private offices and a restroom, with a rear service door. Positioned between I-405 and EvergreenHealth Medical Center, the property sits within one of Kirkland's fastest-growing retail and residential districts, with over $250M in annual consumer spending within a one-mile radius. Well suited to retail, service, medical and office users.
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Listing Agency: West Coast Commercial Realty, LLC
Listed By: Jonathan Willett · License #131599
Source: Moodyscre
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 10 at 2:43AM

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 West Coast Commercial Realty, LLC

Investment Insights

Based on property information with market context.

This 1,496-square-foot retail space has street frontage on NE 124th St near 124th Ave NE. Its existing buildout includes an open lobby, teller line, private offices and a restroom, with a service entrance at the rear.

The space is one block from The Village at Totem Lake, which includes Whole Foods, Trader Joe's and Barnes & Noble. It is located between I-405 and EvergreenHealth Medical Center in Kirkland.

Key Highlights

  • 1,496 square feet of street‑front retail space
  • Existing lobby, teller line and private offices
  • Restroom and rear service door

Property Analytics

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Current Use

Healthy Bonez Specialty Food Shop Fleur Studio (Bike/Boat/Book/etc) Store

Suggested Use

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

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
$5.70 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Retail space - The existing layout has a lobby, teller line, private offices, a restroom and rear service access.
Where is this retail space located?
The property is located at 12409 NE 124th St Kirkland, WA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: 1,496 square feet of street‑front retail space; Existing lobby, teller line and private offices; Restroom and rear service door
(206) 450-4953 Call to check price and availability
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