Northgate Plaza
14210 Juanita Drive NE, Kirkland, WA 98034 · Retail · 68,400 SF · Built 1998 (renovated 2015) · Northgate Retail Partners LLC
Valuation
Preliminary direct-capitalization view built from this property's records. Adjust the assumptions — the value updates instantly. This is an analytical tool, not an appraisal.
NOI, trailing 12 mo$1,465,472Jul 2025 – Jun 2026 · from booked actuals
Cap rate basis6.25%current · user entered
Current recorded value$23,400,000current · user entered
Rentable area68,400 SF
Interactive direct capitalization
Implied value—
Value per SF—
Forward value (grown NOI)—
Implied value = NOI ÷ cap rate. User assumptions are labeled as such; the AI assistant will clearly separate record data from your inputs when discussing value.
Scenario table
| Scenario | NOI assumption | Cap rate | Implied value | Value per SF |
|---|---|---|---|---|
| Conservative | $1,392,198 | 6.75% | $20,625,161 | $302 |
| Base case | $1,465,472 | 6.25% | $23,447,552 | $343 |
| Optimistic | $1,538,746 | 5.75% | $26,760,793 | $391 |
Scenarios flex NOI ±5% and the cap rate ±50 bps around the basis shown above. Discounted cash flow and comparable-transaction methods arrive with the Financial Intelligence phase.
Value history & sources
Valuation — Northgate Plaza
current
$23,400,000 · user entered
historical
$22,100,000 · financial report · Appraisal Summary — March 2023 (Mar 15, 2023)