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Retail Space in Mixed-Use Building
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23505 56th Ave W, Mountlake Terrace, WA 98043

Small retail space available for rent in Mountlake Terrace.

Space Size673 SF
Days on Market278

Property Features for 23505 56th Ave W

General Information

Standard status Active
Size 673 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 23505 56th Ave W Contact us

23505 56th Ave W $22/SF/Yr

Size
673 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Rare, small retail space in new mixed-use building. Delivery in gray shell condition.
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Listing Agency: Ayers Commercial Group
Listed By: Jeff Ayers · License #105705
Source: Moodyscre
Added: Nov 21, 2025 Changed: Aug 25 Last Checked: Aug 25 at 1:37PM

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 Ayers Commercial Group

Investment Insights

Based on property information with market context.

A small retail space is available for rent within a new mixed-use building. The space will be delivered in gray shell condition.

Key Highlights

  • Rare retail space opportunity
  • Located in a new mixed‑use building
  • Small retail space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Dental Office Big Box & Wholesale Store Catering Service Bakery

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 98043, WA

21,285
Population
9,493
Households
2.2
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
5,191
Density / Sq Mi
$101,408
Median Household Income
$59,982
Median Earnings
$1,966
Median Rent
$605,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Small retail space available for rent in Mountlake Terrace.
Where is this retail space located?
The property is located at 23505 56th Ave W Mountlake Terrace, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Rare retail space opportunity; Located in a new mixed‑use building; Small retail space
(206) 600-9294 Call to check price and availability
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