Investment Overview

Marcus & Millichap is proud to offer for sale Kirkland Central Retail Condos, a five-suite, ground-floor retail opportunity in the heart of downtown Kirkland. Located at the ground level of the 110-unit Kirkland Central Condominiums and directly across from the Heathman Hotel, the property offers exceptional visibility and accessibility to nearly 10,000 downtown residents; daytime population exceeds 24,000. The property is 100% occupied with a diverse tenant mix, offering a generational opportunity to own trophy real estate in an extremely supply-constrained market. Anchored by Chase Bank and Kirkland Bakery, the property also includes service- and experience-oriented tenants with established consumer footholds in downtown Kirkland. Kirkland is one of the most affluent and supply-constrained markets on Seattle’s Eastside. Approximately 95,500 residents provide a large, dense customer base, while median household income of $167,600 and median home values exceeding $1.24 million support deep local spending power and high barriers to entry. Google contributes major daytime demand with more than 1.1 million square feet across its Kirkland Urban and Sixth Street campuses and local headcount exceeding 5,000 employees. EvergreenHealth adds a steady healthcare workforce, while proximity to Microsoft’s Redmond headquarters and Amazon’s growing Bellevue presence provides access to one of the nation’s largest concentrations of high-paying technology jobs. Walkable waterfront amenities, Totem Lake redevelopment, and limited land for new development support durable retail demand and long-term value appreciation.