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Property profile & analytics
OFF-MARKET
Neighborhood centers

16140 87Th St Redmond, WA 98052

8,640 SF Built 1977
Property ID
Property summary
AI-generated overview

This exceptional 8,640 square foot retail strip center, built in 1977, presents a unique opportunity in the heart of downtown Redmond, Washington. Currently, 1,110 square feet of space is available for lease within this single-suite building. The property boasts a highly desirable corner location, offering excellent visibility and accessibility. The open floor plan provides maximum flexibility for tenant build-out, and a restroom is conveniently included. The center benefits from ample on-site parking, a significant advantage in a bustling downtown area. Its strategic location places it in close proximity to Redmond's leading technology employers, attracting a substantial workforce and customer base. Furthermore, its adjacency to the Bella Bottega Center creates a synergistic retail environment. The property's proximity to Marymoor Park and the schools in the Education Hill neighborhood adds to its appeal, drawing both residents and visitors. A virtual tour is available for a comprehensive view of the space. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving community. The available space is perfect for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Neighborhood centers
Year built 1977
Total area 8,640 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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