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Property profile

949 6Th St Kirkland, WA 98033

OFF-MARKET
Neighborhood centers
13,777 SF Built 1988
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Property summary

AI-generated overview

This exceptional retail property, Houghton Plaza, presents a rare opportunity in the highly desirable Houghton neighborhood of Kirkland, WA. Located at 949 6th St South, this single-story, 13,777 square foot strip center boasts a prime location at a busy intersection, directly across from a Metropolitan Market and Starbucks, ensuring high visibility and foot traffic. The property features 42 parking spaces, providing ample convenience for customers. Built in 1988, the building currently has 1,166 square feet of vacant space, including one available unit of 1,506 square feet, ideal for a variety of retail uses. The property sits on a sizable 42,852 square foot lot and benefits from a strong residential and daytime population, further enhanced by its proximity to Google's large Houghton campus. An estimated 30,000 cars pass by daily, creating significant exposure for potential tenants. This King County property (zip code 98033) offers an established presence in a thriving community, making it an attractive investment for discerning buyers. A virtual tour is available online. This is a unique chance to acquire a well-situated retail space in a high-demand area.

Property profile

Verified
Property type Neighborhood centers
Year built 1988
Total area 13,777 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

949 6Th St Kirkland, WA 98033
Kirkland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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