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Suburban Bellevue Office Building
For Lease
$34 SF/Yr

11711 Southeast 8th Street, Bellevue, WA 98005

Well-maintained office building with freeway access and free parking.

Space SizeContact for details
Days on Market150

Property Features for 11711 Southeast 8th Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Bellevue
Listed By: Jeff Jochums
Source: Cbre
Added: Mar 25 Changed: Aug 15 Last Checked: Aug 20 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Bellevue

Investment Insights

Based on property information with market context.

This well-maintained, three-story office building features a brick facade and is located in suburban Bellevue. The property offers immediate access to the freeway and plentiful free parking. Situated in a natural setting adjacent to I-405, the building is near the Mercer Slough and the Bellefield Trails.

Key Highlights

  • Immediate freeway access to I‑405.
  • Plentiful free parking.
  • Well‑maintained 3‑story brick facade boutique office building.

Property Analytics

Current Use

Drew Constanzer - Thrivent Financial Advisor Jessica Kicha Counseling, ... Counselor Inner Roots Counseling, ... Psychotherapist Trecy Jordan Insurance Agency Mark Peterson - Thrivent Financial Advisor

Suggested Use

Top Pick Auto Parts Store Nail Salon Grocery & Convenience Store Discount Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,835
Businesses Nearby

Demographics for 98005, WA

20,961
Population
9,420
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
2,871
Density / Sq Mi
$158,396
Median Household Income
$87,000
Median Earnings
$2,380
Median Rent
$1,373,000
Median Home Value

Market

Lease Benchmarks for Bellevue, WA

$37.5 /SF/Yr
Avg Asking Price
$30–$49.5 /SF/Yr
Price Range
48,856 SF
Avg Space Size

This space is priced 9% below the average of $37.5 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with freeway access and free parking.
Where is this office building located?
The property is located at 11711 Southeast 8th Street Bellevue, WA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Immediate freeway access to I‑405.; Plentiful free parking.; Well‑maintained 3‑story brick facade boutique office building.
More about this property
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