Veloce — Lease in Redmond, WA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Redmond, WA 98052

Description

Veloce in downtown Redmond is a high profile residential 322-unit upscale mixed-use project in the heart of a pedestrian focused community. It is conveniently located directly adjacent to the transit station, The Edge Skate Park, and 1 block from the iconic signature 2.2-acre Downtown Park. The park serves as a gathering place for the community and features an all-weather protected digital water wall pavilion that can used as a stage.

Market Context

This retail in Redmond, WA is listed for lease. It has been on the market for 195 days. Compare it against other retail listings for lease in Redmond, WA — view the full market.

As of Q1 2026, the Seattle / Bellevue retail market showed a 16.8% vacancy rate, and cap rates around 7.6%.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Retail market FAQ

What is the typical cap rate for retail in Seattle / Bellevue?
About 7.6% as of Q1 2026.
Is the Seattle / Bellevue retail market tightening or softening?
Vacancy is around 16.8% (Q1 2026).

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