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Property summary
The property at 12121 Northup Way in Bellevue, Washington is a retail space within Northup Center, totaling 1,621 square feet. It is part of a larger complex of more than 92,000 square feet distributed across three buildings, with parking available throughout the center. The site is positioned about 0.5 miles from a planned light rail station and the Spring District, and provides access to Interstate 405 and State Route 520. The complex offers opportunities for building and pylon signage, and it is planned to include an 8-unit Tesla Supercharger station. The space is configured for retail use and has been marketed for restaurant service to nearby office employees; existing tenants in the center include Subway, Mollie Michelle Boutique Salon, Quality Sleep Mattress Store, a veterinary hospital, Systems Unlimited, Midnight Window Tint, Home Story Bellevue, Mallory Paint Store, Elevate Sporting, Athletic Training Institute, and Tap Plastics.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon
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Medical Clinic Skin Care Clinic
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Medical Clinic Skin Care Clinic
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Interior Design Auto Repair Shop
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Metaphysical Supply Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the BelRed-R Land Use District is to provide an area for residential uses. Limited retail and service uses are permitted secondary to residential use, in order to provide the amenity of shopping and servic…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
BR-R · Bellevue, WAThe purpose of the BelRed-R Land Use District is to provide an area for residential uses. Limited retail and service uses are permitted secondary to residential use, in order to provide the amenity of shopping and servic…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the BelRed-R Land Use District is to provide an area for residential uses. Limited retail and service uses are permitted secondary to residential use, in order to provide the amenity of shopping and servic…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BR-R in Bellevue, WA.
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