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    411 12TH AVE, SEATTLE, WA 98122, KING COUNTY SEATTLE, WA 98122

    For Lease
    $27 SF/Yr ($13,983 /Mo)

    Prime Seattle medical office, 6,047 sq ft.

    Lot size:
    6,047 SF

    Description

    Added:
    Jan 28, 2025
    Days on Market:
    321
    This exceptional Seattle medical office space, located at 411 12th Ave, Seattle, WA 98122, offers 6,047 rentable square feet in a well-maintained building. Ideal for medical or dental practices, this property boasts a desirable location within the vibrant Seattle market. The building itself is a Class B office property, constructed in 1992, and comprises a total of 12,102 square feet on a 0.16-acre lot (6,992 square feet). The lease rate is $27.75 per square foot per year. This is a direct lease opportunity, not a sublease. The property is categorized as medical offices, medical centers, medical space, office properties, and healthcare properties, making it suitable for a wide range of healthcare businesses. The building's size and location provide ample space and excellent visibility for a thriving practice. This is a rare opportunity to secure a well-situated medical office space in a competitive market. Inquire today for further details and to schedule a viewing.

    Property Features for 411 12TH AVE, SEATTLE, WA 98122, KING COUNTY

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,047 SF
    Class
    B
    Elevators
    N/A
    Total Rate
    13983.69

    Building Details

    Year Built
    1992
    Buildings
    1

    HighLights

    • Prime Seattle location, 6,047 square feet of medical office space available.
    • $27.75 per square foot yearly lease rate.
    • Building features 0.16 acres, built in 1992, Class B.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    SEATTLE
    State
    Washington

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    FAQs

    What type of property is this?
    Medical office - Prime Seattle medical office, 6,047 sq ft.
    Where is this medical office located?
    The property is located at 411 12TH AVE, SEATTLE, WA 98122, KING COUNTY SEATTLE, WA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Prime Seattle location, 6,047 square feet of medical office space available.; $27.75 per square foot yearly lease rate.; Building features 0.16 acres, built in 1992, Class B.
    (206) 296-9621
    Request Owner's contact information
    411 12TH AVE, SEATTLE, WA 98122, KING COUNTY SEATTLE, WA 98122
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    SEATTLE, WA 98122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    411 12TH AVE, SEATTLE, WA 98122, KING COUNTY SEATTLE, WA 98122
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