Spaces For Lease

at 15171 NE 24th St Contact us

Overlake Square

Size

2,180 SF

Type

RETAIL

Rate

Contact for pricing

Lease Type

NNN

Availability

AVAILABLE

Overlake Square presents a unique retail opportunity within a transit-oriented mixed-use... development, positioned to serve a growing residential population and commuters accessing the nearby light rail station. The project is best suited for service-oriented and neighborhood-serving retailers that benefit from consistent daily traffic. Due to building constraints, spaces are not designed for restaurants requiring a Type I hood/grease exhaust system, and there is no dedicated retail parking, making pedestrian-friendly, convenience-focused uses the strongest fit.

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Listing Agency: Pacific Asset Advisors, Inc Show Phone

Listed By: Ryan Cornish · License #114877 Show Phone

Source: Moodyscre

Added: Jul 14 Changed: Sep 9 Last Checked: Sep 13 at 10:13AM

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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 Pacific Asset Advisors, Inc

Investment Insights

Based on property information with market context.

Overlake Square offers retail space within a transit-oriented mixed-use development. The project is intended to serve a growing residential population and commuters accessing the nearby light rail station.

The tenant mix is best suited to service-oriented and neighborhood-serving retailers that benefit from consistent daily foot traffic. Due to building constraints, the spaces are not designed for restaurants that require a Type I hood/grease exhaust system. In addition, there is no dedicated retail parking, so pedestrian-focused, convenience-oriented uses are the strongest fit.

The available retail space totals 2,180 square feet. Existing building limitations should be reviewed early for any concept that would require Type I hood/grease exhaust equipment.

Key Highlights

• 2,180 SF retail space at Overlake Square
• Transit‑oriented mixed‑use setting with nearby light rail access
• Not designed for restaurants needing a Type I hood/grease exhaust system

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility Electrical Service Garden Center Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store

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

2,327

Businesses Nearby

189k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 37% Shops & Services 32% Groceries 22% Home Improvements & Furnishings 4%

Trader Joe's Groceries

41,858 visits/mo 0.2 miles

Taco Bell Dining

27,309 visits/mo 0.3 miles

IHOP Dining

18,109 visits/mo 0.4 miles

Jack in the Box Dining

12,460 visits/mo 0.4 miles

Chevron Shops & Services

11,649 visits/mo 0.3 miles

Demographics for 98052, WA

77,176

Population

34,946

Households

2.2

Avg Household Size

34

Median Age

75%

College-Educated

98%

High-School Grad

20.3 sq mi

ZIP Area

3,802

Density / Sq Mi

$164,848

Median Household Income

$106,078

Median Earnings

$2,339

Median Rent

$1,107,900

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

Questions? Ask Rey

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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 - Retail space within a transit-oriented mixed-use setting, without Type I hood/grease exhaust or dedicated retail parking.

Where is this retail space located?

The property is located at 15171 NE 24th St Redmond, WA.

What are key features of this property?

This property features: 2,180 SF retail space at Overlake Square; Transit‑oriented mixed‑use setting with nearby light rail access; Not designed for restaurants needing a Type I hood/grease exhaust system