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Retail Center Office/Retail Suite
For Lease
$36 SF/Yr

13228 NE 20th St, Bellevue, WA 98005

A 7,105 SF suite in a centrally located retail center with easy access to SR 520 and I-405.

Property Size7,105 SF
Days on Market15

Property Features for 13228 NE 20th St

General Information

Standard status Active
Size 7,105 SF
Property subtype Retail
Listing Agency:
Listed By: Matt Le · License #WA #23019714
Source: Nai-psp
Added: Jul 17 Changed: Jul 18 Last Checked: Jul 30 at 4:42AM

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 Matt Le

Investment Insights

Based on property information with market context.

This available suite offers 7,105 SF within a retail center, suitable for a wide variety of office and retail uses. The property is described as having easy access to SR 520 and I-405, along with a parking ratio of 4.5 per 1,000 SF. Estimated NNN expenses are listed at $10.35 per SF.

Public remarks indicate the center has high traffic counts of over 28,000 cars per day. Direct deal availability is noted, with a lease term starting November 1, 2027.

The space is marketed as a flexible office/retail option within the center, supported by the stated size and use versatility.

Key Highlights

  • 7,105 SF suite available in a centrally located retail center
  • Lease rate of $36 PSF (NNN estimated at $10.35 PSF)
  • Easy access to SR 520 and I‑405

Property Analytics

Current Use

VMG Studios Advertising Agency AUE Structural Engineer Harsch Investment Properties Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Catering Service Hotel & Motel Garden Center

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

Location Intelligence

Trade Area within ½ mile

2,277
Businesses Nearby

Demographics for 98005, WA

20,961
Population
9,420
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
2,871
Density / Sq Mi
$158,396
Median Household Income
$87,000
Median Earnings
$2,380
Median Rent
$1,373,000
Median Home Value

Market

Lease Benchmarks for Bellevue, WA

$31.05 /SF/Yr
Avg Asking Price
$20–$45.42 /SF/Yr
Price Range
13,074 SF
Avg Space Size

This space is priced 16% above the average of $31.05 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - A 7,105 SF suite in a centrally located retail center with easy access to SR 520 and I-405.
Where is this retail space located?
The property is located at 13228 NE 20th St Bellevue, WA.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: 7,105 SF suite available in a centrally located retail center; Lease rate of $36 PSF (NNN estimated at $10.35 PSF); Easy access to SR 520 and I‑405
More about this property
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