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Occupied Retail Shopping Center
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3323 169th Place NE, Arlington, WA 98223

Retail center with national and local tenants near Interstate 5 and established retail anchors.

Property SizeContact for details
Days on Market144

Property Features for 3323 169th Place NE

General Information

Standard status Active
Property subtype Retail
Occupancy 92%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:00PM

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 Northmarq - Seattle

Investment Insights

Based on property information with market context.

This shopping center is 92% occupied and leased to 15 national and local tenants, providing an established multi-tenant retail configuration. The property is positioned within a concentrated commercial area serving the Smokey Point trade area.

Adjacent Tractor Supply and Lowe’s Home Improvement stores contribute to the surrounding retail draw. Interstate 5 is approximately 1/4 mile away, and the center sits near the I-5 and Highway 531 intersection. Costco, Target, and Walmart are also identified among the national retailers added to the broader area during the past 10 years.

Key Highlights

  • 92% occupied retail center
  • Leased to 15 national and local tenants
  • Adjacent to Tractor Supply and Lowe’s Home Improvement

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Food Market

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

92%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,454
Businesses Nearby
839k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 38% Dining 25% Shops & Services 25% Apparel 6%
Costco Wholesale Superstores
122,215 visits/mo 0.4 miles
Walmart Superstores
101,554 visits/mo 0.4 miles
Target Superstores
96,939 visits/mo 0.4 miles
Marshalls Apparel
38,991 visits/mo 0.4 miles
Costco Gasoline Shops & Services
34,687 visits/mo 0.3 miles

Demographics for 98223, WA

45,139
Population
18,224
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
316.2 sq mi
ZIP Area
143
Density / Sq Mi
$96,478
Median Household Income
$52,487
Median Earnings
$1,780
Median Rent
$556,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with national and local tenants near Interstate 5 and established retail anchors.
Where is this shopping center located?
The property is located at 3323 169th Place NE Arlington, WA.
What are key features of this property?
This property features: 92% occupied retail center; Leased to 15 national and local tenants; Adjacent to Tractor Supply and Lowe’s Home Improvement
More about this property
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