Building Details

Year Built 2021

Listing Agency: FIRST WESTERN PROPERTIES, INC.

Listed By: STEVE ERICKSON Show Phone

Source: Corcoran

Added: May 20 Changed: Aug 23 Last Checked: Jul 23 at 9:53AM

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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 FIRST WESTERN PROPERTIES, INC.

Investment Insights

Based on property information with market context.

Piper Village is a retail hub situated in Greenwood, a neighborhood in North Seattle. The property offers visibility and access, blending national brands with local businesses. It functions as an open-air community center, featuring green spaces, residences, and gathering areas. On-site surface parking is available. The property has a size of 1457 square feet.

Key Highlights

• Premier retail hub in dynamic Greenwood neighborhood.
• Exceptional visibility and access.
• Mix of national brands and local favorites.

Property Analytics

Property Profile

Current Use

The Morrow Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Travel Agency HVAC Service Nursing Home Catering Service Cosmetic 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

Location Intelligence

Trade Area within ½ mile

1,331

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 98103, WA

53,056

Population

27,857

Households

1.9

Avg Household Size

35

Median Age

77%

College-Educated

98%

High-School Grad

4.6 sq mi

ZIP Area

11,534

Density / Sq Mi

$127,372

Median Household Income

$80,508

Median Earnings

$2,006

Median Rent

$1,012,900

Median Home Value

Market

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Premier retail space in dynamic North Seattle neighborhood.

Where is this shopping center located?

The property is located at 8616 Palatine Ave N Seattle, WA.

What are key features of this property?

This property features: Premier retail hub in dynamic Greenwood neighborhood.; Exceptional visibility and access.; Mix of national brands and local favorites.