Seattle · Commercial sale

Rose Hill 2026 buys 8425 122nd Ave NE in Kirkland for $10.21 million

A retail building at 8425 122nd Ave NE, Kirkland sold for $10,210,000 on October 8, 2026. See the seller and buyer net sheets for this sale.

What would your home net? Get a free King County seller net sheet Agents: send a branded net sheet like this to your seller, free

Automated sale report from public sales records · How we make these · Published October 30, 2026

Sold October 8, 2026 · King County, Washington

Aerial view of 8425 122nd Ave NE, Kirkland with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.

Sale price: $10,210,000
Sold: October 8, 2026
Property type: Retail building
Lot size: 39,195 sq ft

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 8, 2026

Seller's estimated net sheet

8425 122nd Ave NE, Kirkland

Sale price	$10,210,000
Title and settlement
Owner's title insurance policy	$20,724
Escrow fee	$700
Transfer taxes and recording
State real estate excise tax (graduated)	$275,375
Local real estate excise tax (0.50%)	$51,050
REET technology fee	$5
Prorations
Property tax proration (seller owes)	$25,175.34
Other costs
Wire / courier / payoff processing	$60
Total deductions	$373,089.34
Estimated net to seller	$9,836,910.66

Estimate by NetSheet.orgEstimate your own sale

NetSheet.orgOctober 8, 2026

Buyer's estimated net sheet

8425 122nd Ave NE, Kirkland

Purchase price (cash)	$10,210,000
Title and settlement
Escrow fee	$700
Transfer taxes and recording
Deed recording fee	$304.50
Credits
Property tax credit from seller	$25,175.34
Closing costs and prepaids	$1,004.50
Estimated cash to close	$10,185,829.16

Estimate by NetSheet.orgEstimate your own sale

What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
REET technology fee: $5 per affidavit (confidence medium)
Annual property tax estimated at 0.90% of price ($91,890).
Title and settlement fees are typical estimates, not quotes.

Selling in Kirkland?

A retail building at 8425 122nd Ave NE in Kirkland sold for $10,210,000 on October 8, 2026, according to the King County Department of Assessments' sales records. That was 40% above the $7,300,900 market value in the Assessor's records.

The record lists Kirklandia LLC as the seller and Rose Hill 2026 LLC as the buyer.

The Assessor's records show a 0.9-acre lot.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in King County?

By our estimate, the seller's two largest charges, not counting prorations, were $275,375 for the state real estate excise tax (graduated) and $51,050 for the local real estate excise tax (0.50%). Who pays what follows King County custom.

How much did the seller net?

By our estimate, the seller netted about $9,836,911. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $10,185,829 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

8425 122nd Ave NE, Kirkland, WA.

Source: King County Department of Assessments, real property sales, document 3398437. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.