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Corner Lot in Central District
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1112 Martin Luther King Jr Way, Seattle, WA 98122

Fenced 11,158 SF lot for lease in Seattle.

Space Size11,158 SF
Lot Size0.26 Acres
Days on Market1247

Property Features for 1112 Martin Luther King Jr Way

General Information

Standard status Active
Size 11,158 SF
Lot size 0.26 Acres
Property subtype LAND
Lease Type NNN

Spaces For Lease

at 1112 Martin Luther King Jr Way Contact us

1/4 Acre Corner Lot - Central District - For Lease

Size
11,158 SF
Type
LAND
Lease Type
NNN
Availability
AVAILABLE
Corner lot for lease on the well-traveled MLK Jr Way in Seattle's Central District....
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Listing Agency: RE/MAX Metro Realty, Inc.
Listed By: James Tjoa · License #8112
Source: Moodyscre
Added: Apr 17, 2023 Changed: Sep 3 Last Checked: Sep 13 at 5:18AM

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 RE/MAX Metro Realty, Inc.

Investment Insights

Based on property information with market context.

This 11,158 square foot corner lot is available for lease on Martin Luther King Jr Way in Seattle's Central District. The property is completely fenced. It has a Walk Score of 88. Situated next door to a Grocery Outlet, the location benefits from the store's customer traffic. Martin Luther King Jr Way experiences a daily traffic count exceeding 8,100 vehicles. The zoning is NC2-55(M). The property is available as vacant land at the lease commencement.

Key Highlights

  • High Walk Score of 88 indicates excellent pedestrian accessibility and convenience.
  • High Traffic Count of over 8,100 per day on MLK Jr Way provides significant visibility.
  • Located next door to Grocery Outlet, a natural draw for potential customers.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store Building Supply Veterinary Clinic (Bike/Boat/Book/etc) 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

1,250
Businesses Nearby

Demographics for 98122, WA

41,646
Population
24,942
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
18,107
Density / Sq Mi
$106,479
Median Household Income
$69,673
Median Earnings
$1,991
Median Rent
$929,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Fenced 11,158 SF lot for lease in Seattle.
Where is this commercial land located?
The property is located at 1112 Martin Luther King Jr Way Seattle, WA.
What are key features of this property?
This property features: High Walk Score of 88 indicates excellent pedestrian accessibility and convenience.; High Traffic Count of over 8,100 per day on MLK Jr Way provides significant visibility.; Located next door to Grocery Outlet, a natural draw for potential customers.
(206) 726-6230 Call to check price and availability
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