Prime Retail Space
For Lease
Contact for pricing
12816 SE 38th St, Bellevue, WA 98006
Retail space with high visibility and dedicated parking.
Space Size1,276 SF
Days on Market306
Property Features for 12816 SE 38th St
General Information
Standard status
Active
Size
1,276 SF
Property subtype
Retail
Building Details
Tenancy
Multiple
Spaces For Lease
at 12816 SE 38th St Contact us- Size
- 1,276 SF
- Type
- Retail
- Availability
- Active
Retail Space Available
Listing Agency:
Pacific Asset Advisors
(425) 990-6200
Listed By:
Adam Greenberg · License #WA 102208
Source:
Crexi
Added: Oct 20, 2025
Changed: Aug 20
Last Checked: Aug 20 at 8:09PM
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 Pacific Asset Advisors
Investment Insights
Based on property information with market context.
This retail space is located near the intersection with over 22,000 vehicles per day. It features dedicated retail parking. The property is situated near The Marketplace at Factoria and is in close proximity to T&T Supermarket, Target, Ulta, TJ Maxx, Nordstrom Rack, and Pet Supplies Plus. It is also located near the T-Mobile Bellevue Headquarters and is less than a 15-minute drive to Bellevue Square. Current tenants include Tofu 101, Jimmy Johns, and Tian Fu Bellevue.
Key Highlights
- High‑Traffic Location: Boasting over 22,000 vehicles per day (VPD).
- Prime Retail Location: Situated kitty corner from The Marketplace at Factoria.
- Strong Tenant Mix: Join established tenants like Tofu 101, Jimmy Johns, and Tian Fu Bellevue.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
582k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Apparel 27%
Superstores 19%
Shops & Services 12%
Target
Superstores
110,759 visits/mo
0.3 miles
Nordstrom Rack
Apparel
52,853 visits/mo
0.2 miles
T.J. Maxx
Apparel
48,114 visits/mo
0.2 miles
AMC Factoria 8
Leisure
44,888 visits/mo
0.3 miles
QFC
Groceries
37,071 visits/mo
0.2 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
8,470 SF
Avg Space Size
This space is priced 60% above the average of $34.43 /SF/Yr.
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with high visibility and dedicated parking.
Where is this retail space located?
The property is located at 12816 SE 38th St Bellevue, WA.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: High‑Traffic Location: Boasting over 22,000 vehicles per day (VPD).; Prime Retail Location: Situated kitty corner from The Marketplace at Factoria.; Strong Tenant Mix: Join established tenants like Tofu 101, Jimmy Johns, and Tian Fu Bellevue.
