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Transit-Oriented Retail Space
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15171 NE 24th St, Redmond, WA 98052

Service-oriented space in a mixed-use development without dedicated retail parking.

Property Size987 SF
Days on Market19

Property Features for 15171 NE 24th St

General Information

Standard status Active
Size 987 SF
Property subtype RETAIL

Additional Details

Space Use Retail
Listing Agency: Pacific Asset Advisors, Inc
Listed By: Ryan Cornish · License #114877
Source: Moodyscre
Added: Jul 14 Changed: Jul 31 Last Checked: Jul 31 at 3:24PM

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 a 987-square-foot retail space within a transit-oriented mixed-use development. The property is suited to service-oriented and neighborhood-serving retailers designed around pedestrian access and daily customer activity.

The development serves a growing residential population and commuters accessing a nearby light rail station. There is no dedicated retail parking, and building constraints prevent restaurant uses requiring a Type I hood or grease exhaust system, making pedestrian-friendly, convenience-focused retail applications the strongest fit.

Key Highlights

  • 987‑square‑foot retail space
  • Located within a transit‑oriented mixed‑use development
  • Serves nearby residential population and light rail commuters

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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Service-oriented space in a mixed-use development without 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: 987‑square‑foot retail space; Located within a transit‑oriented mixed‑use development; Serves nearby residential population and light rail commuters
(425) 250-3285 Call to check price and availability
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