For Lease
$15-$27 /SF/YR

12500 Lake City Way Seattle, WA 98125

Seattle retail space, high traffic area.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail opportunity is located in the vibrant City North complex at the prominent corner of NE 125th Street and Lake City Way in Seattle, Washington. The property, built in 2001 and renovated in 2011, comprises two buildings with a total of 126,574 square feet, encompassing 94 suites. Two retail spaces are currently available, ranging from 721 to 1,547 square feet. The property sits on a 16,824 square foot lot and boasts 123 parking spaces, including dedicated retail garage parking. The building underwent upgrades in 2014, including new signage, fresh paint, and parking improvements. This mixed-use development also includes 94 apartments and 10,812 square feet of total retail space. The location benefits from high traffic counts, situated across from a newer Bartell Drugs store in an established retail area. The property is zoned NC3P-85 and has a King County APN of 1453601220. Property taxes are $7.50 per square foot. This prime location at the busiest intersection in the immediate trade area presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving Seattle neighborhood. The six-story building offers ground floor retail space with excellent signage opportunities.

Highlights

  • High traffic counts: 37,100 vehicles per day (VPD) on Lake City Way and 15,600 VPD on NE 125th St.
  • Average household income within 3 miles: $119,000.
  • Prime North Seattle Lake City retail location, surrounded by national retailers.
  • Dense employment base: nearly 20,000 employees within a 2-mile radius.
  • Strong demographics and high traffic volume on Lake City Way.

Property Details for 12500 Lake City Way

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
126,574 SF
Year Built/Renovated
2001/2011
Buildings
2
Stories
6

Unit(s) available at that property

Space
Retail 721
Size
721 SF
Rate per SF
$27
Space
Available Space 2
Size
1,547 SF
Rate per SF
$15

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.7194423
Longitude
-122.2948262

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FAQs

What type of property is this?
Retail property - Seattle retail space, high traffic area.
Where is the retail property located?
The property is located at 12500 Lake City Way Seattle, WA.
What is the lease rate?
The lease rate is $15-$27 /SF/YR.
What are key features of this property?
This property features: High traffic counts: 37,100 vehicles per day (VPD) on Lake City Way and 15,600 VPD on NE 125th St.; Average household income within 3 miles: $119,000.; Prime North Seattle Lake City retail location, surrounded by national retailers.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Tiffini Connell
Tiffini Connell
Avery Connell
Avery Connell
Visit Broker Website

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Lake City Way
Seattle, WA 98125

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Seattle, WA 98125

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

12500 Lake City Way
  • Tiffini Connell
    Tiffini Connell
  • Avery Connell
    Avery Connell
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