Mixed-Use Development Near Light
For Lease
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823 NE Northgate Way, Seattle, WA 98125
Mixed-use property near light rail station in redeveloping urban center.
Space Size1,758 SF
Days on Market116
Property Features for 823 NE Northgate Way
General Information
Standard status
Active
Size
1,758 SF
Property subtype
Retail
Building Details
Building Size
1,758 SF
Tenancy
Single
Spaces For Lease
at 823 NE Northgate Way Contact us- Size
- 1,758 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
JSH Properties Inc Seattle
Listed By:
Aaron Bennett · License #WA
(206) 859-4500
Source:
Crexi
Added: May 15
Changed: Aug 22
Last Checked: Aug 31 at 11:24PM
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 JSH Properties Inc Seattle
Investment Insights
Based on property information with market context.
The property is part of the redevelopment of Northgate Station, transforming the former Northgate Mall site into a mixed-use, transit-oriented urban center. It is anchored by the Link light rail station, Kraken Community Iceplex, new retail spaces, hospitality options, and multifamily housing. Current and recently completed phases include new apartment communities and a Residence Inn by Marriott hotel. Additional residential projects are advancing through permitting, including a planned 268-unit apartment development by Simon Property Group. The broader Northgate area is experiencing significant multifamily growth, with thousands of new residential units recently completed, under construction, or in the planning stages.
Key Highlights
- Located in the heart of the Northgate Station redevelopment, a major mixed‑use, transit‑oriented urban center.
- Anchored by the Link light rail station, providing convenient access to transportation.
- Part of a rapidly growing multifamily residential area with thousands of new units.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,038
Businesses Nearby
Explore this area
Business Placement
Demographics for 98125, WA
42,965
Population
21,493
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
7,956
Density / Sq Mi
$96,725
Median Household Income
$61,552
Median Earnings
$1,856
Median Rent
$844,500
Median Home Value
Market
Lease Benchmarks for Seattle, WA
$29.9 /SF/Yr
Avg Asking Price
$12–$50 /SF/Yr
Price Range
10,071 SF
Avg Space Size
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Mixed-use property near light rail station in redeveloping urban center.
Where is this retail property located?
The property is located at 823 NE Northgate Way Seattle, WA.
What are key features of this property?
This property features: Located in the heart of the Northgate Station redevelopment, a major mixed‑use, transit‑oriented urban center.; Anchored by the Link light rail station, providing convenient access to transportation.; Part of a rapidly growing multifamily residential area with thousands of new units.
