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Retail Space Near Light Rail
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16595 Redmond Way, Redmond, WA 98052

Newly built retail space positioned within a walkable mixed-use district and established dining cluster.

Space SizeContact for details
Property Size29,000 SF
Days on Market105

Property Features for 16595 Redmond Way

General Information

Standard status Active
Size 29,000 SF
Property subtype Commercial

Additional Details

Space Use Retail
Anchor Co-Tenants Mendocino Farms, Momiji, Due Cucina, Dave's Hot Chicken, bStrong, Sip Thai, ChewyVet

Amenities

Light Rail Station

Building Details

Year Built 2025
Building Size 29,000 SF
Tenancy Multi
Listing Agency: KIDDER MATHEWS
Listed By: JOHN CHELICO · License #45008
Source: Corcoran
Added: May 20 Changed: Aug 31 Last Checked: Aug 31 at 5:25PM

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

Investment Insights

Based on property information with market context.

This 772 SF retail space is part of Eastline, a newly built 29,000 SF retail project completed in 2025. The space is ready for tenant improvements and is positioned within a larger retail and dining setting that includes Mendocino Farms, Momiji, Due Cucina, Dave’s Hot Chicken, bStrong, Sip Thai, and ChewyVet. One retail space remains available.

The property is directly across from the Downtown Redmond Light Rail Station, scheduled to open in May 2025. The surrounding area includes approximately 6,700 existing and 2,750 planned multifamily units within walking distance, along with 15,000 employees within 1 mile. The site is located at 16595 Redmond Way in Redmond, Washington.

Key Highlights

  • 772 SF retail space within Eastline’s 29,000 SF retail project
  • New construction completed in 2025
  • Ready for tenant improvements

Property Analytics

Current Use

Eastline Apartments Apartment Building

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Storage Facility Auto Repair Shop Furniture & Home Goods Florist

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,102
Businesses Nearby

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 - Newly built retail space positioned within a walkable mixed-use district and established dining cluster.
Where is this retail space located?
The property is located at 16595 Redmond Way Redmond, WA.
What are key features of this property?
This property features: 772 SF retail space within Eastline’s 29,000 SF retail project; New construction completed in 2025; Ready for tenant improvements
More about this property
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