Union Hill-Novelty Hill, WA Commercial Real Estate for Lease and Sale

Explore 15 listings of Union Hill-Novelty Hill commercial real estate to find the best space for your business.

Redmond Ridge Corporate Center - Building 101

22635 NE Marketplace Drive, Union Hill-Novelty Hill, Redmond, WA
Property

Office

30,905 SF
Availability

1 Space

2,085 SF
Year Built

2006
For Lease

$24.00/SF/YR
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Marketplace at Redmond Ridge

22320-22330 NE Marketplace Drive, Union Hill-Novelty Hill, Redmond, WA
Property

Retail

7,464 SF
Availability

1 Space

1,201 SF
Year Built

2006
For Lease Contact for pricing
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East Redmond Land

XXX 196TH AVE NE, Union Hill-Novelty Hill, Redmond, WA
Property

VacantLand

8.89 Acre
For Sale Contact for pricing
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Maple Building Redmond For Sale

16455 Northeast 85th Street, Downtown Redmond, Redmond, WA
Property

Office

7,095 SF
For Sale Contact for pricing
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Opportunity Building

8383 158th Avenue NE, Downtown Redmond, Redmond, WA
Property

Office

111,350 SF
Availability

3 Spaces

34,178 SF
Year Built

1982
For Lease Contact for pricing
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Park East

18005 NE 68th Street, Southeast Redmond, Redmond, WA
Property

Industrial

161,534 SF
Availability

1 Space

24,236 SF
Year Built

1986
For Lease Contact for pricing
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Redmond Maple Building

16455 Northeast 85th Street, Downtown Redmond, Redmond, WA
Property

Office

7,095 SF
Availability

1 Space

376 SF
For Lease

$28.00/SF/YR
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Offices @ Riverpark

15809 Bear Creek Pkwy, Downtown Redmond, Redmond, WA
Property

Office

106,281 SF
Availability

3 Spaces

29,025 SF
Year Built

2008
For Lease

$36.00/SF/YR
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Duvall Village Commercial

14241 Main St NE, Duvall, WA
Property

Retail

63,314 SF
Availability

3 Spaces

12,000 SF
Year Built

2024
For Lease Contact for pricing
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Millennium Corporate Park

18200 NE Union Hill Road, Southeast Redmond, Redmond, WA
Property

Office

536,884 SF
Availability

8 Spaces

528,145 SF
Year Built

2000
For Lease Contact for pricing
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Westpark Business Park - Buildings J, K & L

8561 154th Avenue NE, Sammamish Valley, Redmond, WA
Property

Office

88,415 SF
Availability

4 Spaces

11,734 SF
Year Built

1987
For Lease Contact for pricing
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Redmond Medical Center

8301 161st Avenue NE, Downtown Redmond, Redmond, WA
Property

Office

41,153 SF
Availability

1 Space

2,517 SF
Year Built

1985
For Lease

$38.50/SF/YR
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Copper Hill Square

14524 Main Street Northeast, Duvall, WA
Property

Retail

23,423 SF
Availability

1 Space

950 SF
Year Built

2003
For Lease

$25.00/SF/YR
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Westpark Business Park - Buildings M & N

8510 154th Avenue NE, Sammamish Valley, Redmond, WA
Property

Office

103,477 SF
Availability

1 Space

2,832 SF
Year Built

1991
For Lease Contact for pricing
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18005 NE 68th St

18005 NE 68th St, Southeast Redmond, Redmond, WA
Property

Industrial

5,432 SF
Availability

1 Space

5,432 SF
For Lease

$20.80/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Union Hill-Novelty Hill commercial real estate market incorporates 30,905 square feet of office space across 1 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Union Hill-Novelty Hill commercial real estate market includes 7,464 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Union Hill-Novelty Hill incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Union Hill-Novelty Hill is represented by Office space, which accounts for 2,085 square feet of available listings. Retail space available in Union Hill-Novelty Hill adds up to 1,201 square feet.

Meanwhile, most of the listings of commercial property for sale in Union Hill-Novelty Hill are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Union Hill-Novelty Hill, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Union Hill-Novelty Hill depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Union Hill-Novelty Hill, the average size of an office property is 30,905 square feet.
Retail properties here incorporate an average of 7,464 square feet.

Union Hill-Novelty Hill, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Union Hill-Novelty Hill currently add up to 3,286 square feet. The market offers 1 active office listing(s), which amount to 2,085 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 1,201 square feet across 1 retail space(s).

Property Type	Count of Listings	Total SF
Office	1	2,085
Retail	1	1,201

Union Hill-Novelty Hill, WA Commercial Real Estate for Lease and Sale

Redmond Ridge Corporate Center - Building 101

Marketplace at Redmond Ridge

East Redmond Land

Maple Building Redmond For Sale

Opportunity Building

Park East

Redmond Maple Building

Offices @ Riverpark

Duvall Village Commercial

Millennium Corporate Park

Westpark Business Park - Buildings J, K & L

Redmond Medical Center

Copper Hill Square

Westpark Business Park - Buildings M & N

18005 NE 68th St

Frequently Asked Questions

Union Hill-Novelty Hill, WA Currently Available Listings

Commercial Space for Lease Breakdown

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Union Hill-Novelty Hill, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Union Hill-Novelty Hill, WA?

What factors affect the price of commercial real estate in Union Hill-Novelty Hill, WA?

What are the best areas for commercial real estate in Union Hill-Novelty Hill, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Union Hill-Novelty Hill, WA?

Union Hill-Novelty Hill, WA Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us