Technical
Financial
Distress signals
Property profile

17171 Bothell NE Way Lake Forest Park, WA 98155

OFF-MARKET
Retail space
Property ID
US90-0974861
220,968 SF 16.46 ac lot Built 1965
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Town Center at Lake Forest Park, located at 17171 Bothell Way NE in King County, Washington, presents a unique opportunity for retail businesses seeking a vibrant location. This neighborhood center boasts a total of 219,961 square feet of retail space, offering flexible options for tenants. Currently, there are 12 available spaces ranging from a minimum of 315 square feet to a maximum contiguous space of 5,783 square feet, totaling 21,254 square feet of vacant space. The property sits on a substantial 16.5-acre lot, providing ample parking and visibility for businesses. Its prime location in Lake Forest Park, WA, zip code 98155, ensures high foot traffic and easy access for customers. The property's classification as a neighborhood center suggests a strong local customer base. This is an ideal opportunity for businesses seeking a well-established retail space in a thriving community. The property's size and layout offer versatility for a variety of retail concepts, from small boutiques to larger-scale operations. Interested parties are encouraged to inquire about available spaces and lease terms. The property is easily accessible and benefits from its location within a well-established commercial area. This is a rare opportunity to secure retail space in a desirable location with significant potential for growth.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 220,968 SF
Lot 16.46 ac (717,012 SF)
Zoning code TC
APN 401930-1655
UPID US90-0974861

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Corporate Office Financial Advisor
  • Gym & Fitness Center Alternative Medicine Practice
  • Restaurant
  • Public Library

Location

17171 Bothell NE Way Lake Forest Park, WA 98155-4204
Lake Forest Park metro Census 21400 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$50.69M
Comparable Approach Comparable
by Request
Blend (final) Blend
$46.96M

Owner & transaction history

since 2025
Last sale
$48.0M
7 recorded transactions
2025
$48.0M
2022
$53.1M
2014
$37.0M
2007
$29.1M
2006
$27.0M
1998
$554,020
1997
Price N/A

Zoning & alternative use

TC · Lake Forest Park, WA
Zoning description

030 Prohibited signs and removal. § 18.52.040 Exemptions from permitting. § 18.52.045 Temporary signs. § 18.52.050 Signs in RM and RS zones. § 18.52.060 Signs permitted in CC and BN zones. § 18.52.070 Signs permitted in…

General category UNKNOWN

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17171 Bothell NE Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message