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Evergreen Village Shopping Center 1645 140th Ave NE 1,258 SF of Retail Space Available in Bellevue, WA 98005
Highlights
- Anchored by Safeway, creating a consistent flow of shoppers to the center.
- Located near Microsoft’s global headquarters and the Bellevue Spring District, ensuring high daytime population.
- High-traffic intersection with excellent visibility for branding and signage opportunities.
- Strong co-tenancy lineup with national and regional brands including Starbucks, Applebee’s, Subway, and Edgeworks.
- Within five minutes of the new Bel/Red 130th Light Rail Station, enhancing customer access and foot traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,258 SF | Negotiable | $55.00 /SF/YR $4.58 /SF/MO $69,190 /YR $5,766 /MO | Triple Net (NNN) |
1st Floor
Evergreen Village is a well-positioned retail center offering excellent exposure along NE Bel-Red Road and 140th Ave NE in Bellevue, WA. This center is anchored by Safeway and benefits from a strong co-tenancy that includes Starbucks, Applebee’s, Edgeworks Climbing & Fitness, and Mud Bay, drawing steady customer traffic. The available inline space is suitable for retail users and certain non-competing restaurants, enhancing the diversity of offerings in this vibrant shopping destination. The property is strategically located just minutes from the Spring District and the upcoming Bel/Red 130th Light Rail Station, providing superb connectivity and convenience for commuters and residents alike. With Microsoft headquarters less than two miles away and dense residential neighborhoods nearby, the center serves an affluent customer base with an average household income exceeding $160,000 within a three-mile radius. Ample on-site parking, direct access from multiple roadways, and visibility to heavy vehicle counts on Bel-Red Road and 140th Ave NE make Evergreen Village a desirable choice for retailers seeking strong exposure and accessibility.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Excellent exposure along NE Bel-Red Road
- Minutes from the Spring District
- Dense residential neighborhoods nearby
- Average household income exceeding $160,000
- Ample on-site parking
- Strong co-tenancy like Starbucks & Microsoft
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Evergreen Village Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Edgeworks Climbing + Fitness
- Massage
- 2
- -
- Ezell's Famous Chicken
- Restaurant
- 18
- Regional
- Mud Bay, Inc.
- Pet Shop/Supplies
- 66
- Regional
- Puetz Golf
- Arts, Entertainment, and Recreation
- 3
- Regional
- Safeway
- Retailer
- -
- -
- Thai Chef
- Restaurant
- -
- Local
| Tenant | Description | US Locations | Reach |
| Edgeworks Climbing + Fitness | Massage | 2 | - |
| Ezell's Famous Chicken | Restaurant | 18 | Regional |
| Mud Bay, Inc. | Pet Shop/Supplies | 66 | Regional |
| Puetz Golf | Arts, Entertainment, and Recreation | 3 | Regional |
| Safeway | Retailer | - | - |
| Thai Chef | Restaurant | - | Local |
Property Facts
| Total Space Available | 1,258 SF | Total Land Area | 6.49 AC |
| Property Type | Retail | Year Built/Renovated | 1962/1990 |
| Property Subtype | Supermarket | Parking Ratio | 4.44/1,000 SF |
| Gross Leasable Area | 106,816 SF |
| Total Space Available | 1,258 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 106,816 SF |
| Total Land Area | 6.49 AC |
| Year Built/Renovated | 1962/1990 |
| Parking Ratio | 4.44/1,000 SF |
About the Property
Evergreen Village is a retail shopping center situated at 140th Ave NE and NE Bel-Red Road in Bellevue, WA, within proximity to Microsoft headquarters (1.9 miles) and Downtown Bellevue (2.6 miles). The property lies near the future Bel/Red 130th Light Rail Station and is accessible via major thoroughfares including I-405 and WA-520. Surrounding users include national retailers, dining establishments, and fitness facilities.
Nearby Major Retailers
Contact the Leasing Agent
Evergreen Village Shopping Center | 1645 140th Ave NE