Strip Mall

Redmond, WA Strip Malls for Sale

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Retail Strip Near Light Rail
Updated: Oct 24
Retail Strip Near Light Rail

16421 Cleveland St, Redmond, WA 98052

$19,300,000
Fully occupied by five food‑and‑beverage tenants
Four of five tenants have full 10‑year corporate‑guaranteed leases
Renovation included new HVAC, roof, electrical, fire suppression and structural shear walls
At the entrance to the Sound Transit 2 Line Station; across from Redmond Town Center
Five Microsoft office buildings within half a block
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Redmond, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Tenant NNN Strip Center
Three-Tenant NNN Strip Center

12930 Pacific, Lakewood, WA 98499

$940,000
5,192 sqft

Fully leased retail center with service-oriented occupants, CPI-based annual escalations, and on-site parking.

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Multi-Tenant Retail Strip Building
Multi-Tenant Retail Strip Building

6408 Latona Ave NE, Seattle, WA 98115

$1,850,000
4,140 sqft 0.13 AC lot

A multi-tenant retail building currently housing four businesses on a 5,465 sq ft lot.

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South Seattle Retail Investment Opportunity
South Seattle Retail Investment Opportunity

4850 37th Ave S, Seattle, WA 98118

$2,200,000
5,326 sqft

Multi-tenant retail strip center in Columbia City neighborhood.

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Fully Occupied Retail Strip Investment
Fully Occupied Retail Strip Investment

12134 Pacific Hwy SW, Lakewood, WA 98499

$1,097,000

Three-unit retail strip on Pacific Highway with NNN leases.

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Off-Market Properties in Redmond, WA

Consider similar Off-Market properties in Redmond, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

164th NE Ave
SHOPPING CENTER, STRIP CENTER

164th NE Ave, Redmond, WA 98052

Estimated value:
$3,595,000
0.19 AC lot
View details
Cleveland St
SHOPPING CENTER, STRIP CENTER

Cleveland St, Redmond, WA 98052

Estimated value: by Request
0.01 AC lot
View details
16450 77th St
SHOPPING CENTER, STRIP CENTER

16450 77th St, Redmond, WA 98052

Estimated value: by Request
0.03 AC lot
View details
Redmond, WA 98052
SHOPPING CENTER, STRIP CENTER

Redmond, WA 98052

Estimated value: by Request
0.01 AC lot
View details
Redmond, WA 98052
SHOPPING CENTER, STRIP CENTER

Redmond, WA 98052

Estimated value: by Request
0.03 AC lot
View details

Redmond, WA Strip Malls Market Trends and Statistics

Explore 6 strip malls for sale in Redmond, WA on our real estate platform.

Sale prices for retail strips in Redmond, WA average $19,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4
Automotive properties 2
Shopping centers 1

Demographics Overview

Population 173K
Population Growth (5Y) +8.1%
Median Household Income $181,282
College Educated 87.9%

Taxes & Financing

Tax Rate (average for all types) 0.74%
Property Tax per SF $8.12 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

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