Northgate Plaza
14210 Juanita Drive NE, Kirkland, WA 98034 · Retail · 68,400 SF · Built 1998 (renovated 2015) · Northgate Retail Partners LLC
Leases → Pacific Ace Hardware
Pacific Ace Hardware Suite B-200 active
5,100 SF · NNN · Term Jun 01, 2015 – May 31, 2030 · $24.50/SF · $124,950/yr · 2 × 5yr options remaining
Rent history how rent moved across every term and amendment
Terms on record1original plus amendments
First rent$21.20Jun 2015
Current rent$25.84in effect since Jun 2025
Change to date21.9%over 10.0 years
Compound annual growth2.00%per year, first rent to today
Contracted through$25.84final scheduled step, from Jun 2025
| Period | Rent PSF | Annual rent | Change vs prior period | Source |
|---|---|---|---|---|
| Jun 2015 – Jun 2016 | $21.20 | $108,120 | — | Original term with 2.0% annual steps |
| Jun 2016 – Jun 2017 | $21.62 | $110,282 | 2.0% | Scheduled escalation |
| Jun 2017 – Jun 2018 | $22.06 | $112,488 | 2.0% | Scheduled escalation |
| Jun 2018 – Jun 2019 | $22.50 | $114,738 | 2.0% | Scheduled escalation |
| Jun 2019 – Jun 2020 | $22.95 | $117,033 | 2.0% | Scheduled escalation |
| Jun 2020 – Jun 2021 | $23.41 | $119,373 | 2.0% | Scheduled escalation |
| Jun 2021 – Jun 2022 | $23.87 | $121,761 | 2.0% | Scheduled escalation |
| Jun 2022 – Jun 2023 | $24.35 | $124,196 | 2.0% | Scheduled escalation |
| Jun 2023 – Jun 2024 | $24.84 | $126,680 | 2.0% | Scheduled escalation |
| Jun 2024 – Jun 2025 | $25.34 | $129,213 | 2.0% | Scheduled escalation |
| Jun 2025 – Jun 2026 | $25.84 | $131,798 | 2.0% | Scheduled escalation |
Each row is a contractual rent period. Percentages compare a period against the one immediately before it, so scheduled escalations and amendment resets are both visible. Cumulative change and compound annual growth run from the first period on record to the current one.
Lease events
| Event | Signed | Effective | Summary | Document |
|---|---|---|---|---|
| No lease events recorded. | ||||
Documents on this lease
| Title | Type | Date | Status | |
|---|---|---|---|---|
| No documents filed against this lease yet. | ||||
Record history
| When | Field | Change | Who | Source |
|---|---|---|---|---|
| No changes recorded on this lease yet. | ||||
Every change to a lease term is kept with its source document and the person who made it — nothing is overwritten silently.