Kirkland, Washington, is an attractive location for investors seeking to purchase Retail Properties For Sale. With a population of around 90,000, Kirkland offers a strong consumer base and a thriving economy driven by major industries such as technology, healthcare, retail, and manufacturing. Retail Properties in Kirkland can represent a diverse range of investments, from small boutiques to large shopping centers, each offering unique opportunities for entrepreneurs and business owners. The city's amenities, infrastructure, location, education, and geography make it an ideal place to invest in Retail Properties. For instance, Kirkland's downtown waterfront offers a variety of amenities, including restaurants, art galleries, public parks, beaches, and public art installations, making it an attractive location for businesses. Additionally, the city is served by EvergreenHealth, a public healthcare system that operates a 318-bed hospital complex near Totem Lake, and is home to major corporations such as Google and Tableau Software. With its scenic location on Lake Washington and proximity to other Eastside cities like Bellevue and Redmond, Kirkland is a great place for business and travel, with attractions like Juanita Beach Park and the Cross Kirkland Corridor.
Kirkland's Retail Properties For Sale offer a range of opportunities for investors, with 3 listings available. The city's retail landscape is complemented by other property types, including Shopping Centers, which offer a variety of retail spaces and amenities; Restaurants, which cater to the city's diverse culinary scene; Office Properties, which provide space for businesses and entrepreneurs; and Hotels, which accommodate visitors and travelers. Each of these property types offers unique benefits and opportunities, with Kirkland's location and infrastructure making it an attractive place to invest. With its strong economy, scenic location, and diverse range of amenities, Kirkland is an ideal location for investors seeking to purchase Retail Properties For Sale.
What is the average cap rate for retail properties in Kirkland?
When it comes to retail properties in Kirkland, investors can expect an average cap rate of , making it an attractive option for those looking to invest in the area. To better understand the significance of this rate, it's essential to know what is a cap rate, which is a measure of a property's potential return on investment, and you can learn more about it in our article at what is a cap rate.
How do location and foot traffic affect retail property values?
In Kirkland, Washington, location and foot traffic play a significant role in determining retail property values. Properties situated in high-traffic areas, such as downtown Kirkland's waterfront, with proximity to amenities like restaurants, art galleries, and public parks, tend to command higher values due to their desirability and potential for increased customer exposure.
