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Retail Space with Big Lots Tenant
For Sale
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Pending

1475 11th Ave Nw, Issaquah, WA 98027

Operating retail tenancy includes four additional five-year renewal options within a regional shopping center.

Property SizeContact for details
Days on Market142

Property Features for 1475 11th Ave Nw

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Ewing & Clark
Listed By: Nathan Benedict · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:37PM

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 Ewing & Clark

Investment Insights

Based on property information with market context.

This retail property is occupied by Big Lots, a national credit retailer identified in the source information with a BBB S&P rating. The tenant is currently in the first five-year option period, with four additional five-year options remaining.

The property is part of Pickering Place Shopping Center in Issaquah, Washington, along the I-90 corridor. Nearby retail context includes Costco’s World Headquarters, Lowe’s, PCC Natural Market, Barnes & Noble, and Pier 1 Imports.

Key Highlights

  • Big Lots occupies the property as a national credit retailer with a BBB S&P rating
  • Tenant is in the 1st / 5 year option period
  • 4 additional 5 year options remain

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Butcher Barber Shop Carpet & Flooring Store Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,771
Businesses Nearby
660k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 35% Groceries 20% Superstores 19% Dining 13%
Target Superstores
122,661 visits/mo 0.4 miles
Costco Gasoline Shops & Services
81,539 visits/mo 0.3 miles
Trader Joe's Groceries
54,077 visits/mo 0.2 miles
Safeway Groceries
48,785 visits/mo 0.5 miles
McDonald's Dining
32,500 visits/mo 0.3 miles

Demographics for 98027, WA

29,089
Population
12,071
Households
2.4
Avg Household Size
41
Median Age
65%
College-Educated
97%
High-School Grad
57.2 sq mi
ZIP Area
509
Density / Sq Mi
$150,000
Median Household Income
$82,823
Median Earnings
$2,343
Median Rent
$976,400
Median Home Value

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 - Operating retail tenancy includes four additional five-year renewal options within a regional shopping center.
Where is this retail space located?
The property is located at 1475 11th Ave Nw Issaquah, WA.
What are key features of this property?
This property features: Big Lots occupies the property as a national credit retailer with a BBB S&P rating; Tenant is in the 1st / 5 year option period; 4 additional 5 year options remain
More about this property
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