16140 87Th St Redmond, WA 98052
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.