Core West Coast Trophy Asset – Bellevue, WA
12399 Northup Way, Bellevue, WA 98005
Built in 2016 to Class A institutional standards, this 103,397 NRSF facility spans 988 units across six floors with a modern layout featuring both climate-controlled units and larger drive-up options.
Prominently positioned at the corner of Northup Way and 124th Ave NE and the SR520 on-ramp/exit ramp, the property offers exceptional visibility with traffic counts exceeding 37,000 cars daily, ensuring consistent exposure and demand.
The area offers unrivaled demographics, with rapid urban infill residential development, significant employment growth driven by major high-tech and AI corporate presence, and robust population growth. The three-mile trade area is characterized by low existing inventory of 6.85 SF/capita, no new supply in the development pipeline, and extremely high barriers to entry.
This offering represents a rare chance to acquire a stabilized, best-in-class, trophy self-storage facility in Bellevue, WA—one of the premier trade areas on the entire West Coast.