Building Details

Year Built 2001

Listing Agency: WEST COAST COMMERCIAL REALTY, LLC a***@wccommercialrealty.com Show Phone

Listed By: AVERY CONNELL · License #21001460

Source: Corcoran

Added: Jan 21 Changed: Jul 10 Last Checked: Jul 23 at 9:38AM

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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 is a second-generation retail space available for rent, offering 750 square feet of area. The space was formerly occupied by a nail salon, but other retail uses are welcome. Retail parking is available on site.

Key Highlights

• 750sf retail space available.
• Retail parking available on site.
• Other uses welcome.

Property Analytics

Property Profile

Current Use

Papa Johns Pizza Restaurant Freddie’s Lake City Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store 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

$3.90 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,220

Businesses Nearby

Explore this area Business Placement

Demographics for 98125, WA

42,965

Population

21,493

Households

2

Avg Household Size

37

Median Age

61%

College-Educated

94%

High-School Grad

5.4 sq mi

ZIP Area

7,956

Density / Sq Mi

$96,725

Median Household Income

$61,552

Median Earnings

$1,856

Median Rent

$844,500

Median Home Value

Market

Lease Benchmarks for Seattle, WA

$30.66 /SF/Yr

Avg Asking Price

$12–$50 /SF/Yr

Price Range

9,692 SF

Avg Space Size

This space is priced 15% below the average of $30.66 /SF/Yr.

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019

4.4% 2020

3.9% 2021

3.6% 2022

3.8% 2023

4.7% 2024

5.7% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - 750 SF retail space, former nail salon, other uses welcome.

Where is this retail space located?

The property is located at 12500 Lake City Wy NE Seattle, WA.

What is the lease rate?

The lease rate is $1,625/Mo.

What are key features of this property?

This property features: 750sf retail space available.; Retail parking available on site.; Other uses welcome.