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Retail Space Near Light Rail
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550 NE Northgate Way, Seattle, WA

Retail space with ample parking near Northgate Light Rail.

Space Size7,200 SF
Lot Size0.62 Acres
Days on Market385

Property Features for 550 NE Northgate Way

General Information

Standard status Active
Size 7,200 SF
Lot size 0.62 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 550 NE Northgate Way Contact us

Greenlake Jewelry $23/SF/Yr

Floor
1
Size
7,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, On Available Date
Corner of NE Northgate Way and 8th Ave NE. Loads of surface parking. Walking Distance...
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Listing Agency: Colliers International WA, LLC
Listed By: Ryan Olson · License #WA 19573
Source: Moodyscre
Added: Aug 5, 2025 Changed: Aug 8 Last Checked: Aug 24 at 7:19AM

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 Colliers International WA, LLC

Investment Insights

Based on property information with market context.

Located at the corner of NE Northgate Way and 8th Ave NE, this retail space offers 7,200 square feet of area. The property features surface parking and is within walking distance of the Northgate Light Rail Station. Available around November 1st, this space is suitable for various retail purposes. Please note that the lease requires a termination clause after 3 years.

Key Highlights

  • High‑visibility corner location at NE Northgate Way and 8th Ave NE.
  • Walking distance to Northgate Light Rail Station.
  • Abundant surface parking.

Property Analytics

Current Use

Facèré Jewelry Art ... (Bike/Boat/Book/etc) Store Green Lake Jewelry ... (Bike/Boat/Book/etc) Store Aaron Barr (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Garden Center Big Box & Wholesale Store Grocery & Convenience Store Carpet & Flooring 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,038
Businesses Nearby

Market

Lease Benchmarks for Seattle, WA

$29.56 /SF/Yr
Avg Asking Price
$12–$50 /SF/Yr
Price Range
9,719 SF
Avg Space Size

This space is priced 22% below the average of $29.56 /SF/Yr.

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with ample parking near Northgate Light Rail.
Where is this retail space located?
The property is located at 550 NE Northgate Way Seattle, WA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: High‑visibility corner location at NE Northgate Way and 8th Ave NE.; Walking distance to Northgate Light Rail Station.; Abundant surface parking.
(425) 586-5646 Call to check price and availability
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