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12421-12431 Totem Lake Blvd
Kirkland, WA 98034
Retail Property For Sale
Investment Highlights
- Strategic Location: Adjacent to The Village at Totem Lake—a 360,000 SF lifestyle center anchored by Whole Foods, Trader Joe’s, Lululemon, Sephora
- High Traffic Volume: More than 62,000 vehicles per day at the intersection of Totem Lake Blvd and NE 124th Street.
- Strong Demographics: Over 111,000 residents within a 3-mile radius, with an average household income exceeding $164,000.
- Tight Retail Market: Only 1.5% vacancy in the Totem Lake submarket, reflecting high demand and limited availability.
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,190 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.94 AC
Zoning
TL 4A, Kirkland - Commercial
Parking
33 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 282605-9138 | Improvements Assessment | $2,715,000 |
| Land Assessment | $2,546,100 | Total Assessment | $5,261,100 |
Property Taxes
Parcel Number
282605-9138
Land Assessment
$2,546,100
Improvements Assessment
$2,715,000
Total Assessment
$5,261,100
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