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Retail Space in Spring District
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1525 132nd Ave NE, Bellevue, WA 98005

Retail space available in Bellevue's Spring District near light rail.

Space Size951 SF - 2,273 SF
Days on Market671

Property Features for 1525 132nd Ave NE

General Information

Standard status Active
Size 951 SF - 2,273 SF
Total Parking Spaces 32
Property subtype Retail, Restaurant

Building Details

Tenancy Multiple

Spaces For Lease

at 1525 132nd Ave NE Contact us

Suite A

Size
1,325 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite B

Size
951 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite D

Size
1,814 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite C

Size
2,273 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Kidder Mathews Bellevue
Listed By: Monica Wallace · License #WA
Source: Crexi
Added: Oct 8, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:23AM

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 Kidder Mathews Bellevue

Investment Insights

Based on property information with market context.

Retail space is available for rent in the Spring District, situated next to the BelRed light rail station. The available space is located on the ground floor of the newly constructed Copal Building, which includes approximately 298 residential units above. Elevator access is provided to garage parking, which includes 32 shared retail parking stalls.

Key Highlights

  • Prime retail space in the Spring District.
  • Adjacent to BelRed light rail station for easy access.
  • Located in the newly constructed Copal Building.

Property Analytics

Current Use

International Ballet Academy Theater & Performing Art Venue Curran Business Park Corporate Office

Suggested Use

Top Pick Hotel & Motel Florist (Bike/Boat/Book/etc) Store Butcher Locksmith 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

2,757
Businesses Nearby
190k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Dining 32% Groceries 26% Home Improvements & Furnishings 3%
Safeway Groceries
49,777 visits/mo 0.4 miles
Mercurys Coffee Dining
33,869 visits/mo 0.3 miles
Safeway Gas Shops & Services
33,185 visits/mo 0.5 miles
Applebee's Dining
12,623 visits/mo 0.4 miles
AMPM Shops & Services
9,079 visits/mo 0.3 miles

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

$35.03 /SF/Yr
Avg Asking Price
$25.75–$45.42 /SF/Yr
Price Range
10,773 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Bellevue's Spring District near light rail.
Where is this retail space located?
The property is located at 1525 132nd Ave NE Bellevue, WA.
What are key features of this property?
This property features: Prime retail space in the Spring District.; Adjacent to BelRed light rail station for easy access.; Located in the newly constructed Copal Building.
(425) 450-1104 Call to check price and availability
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