Class A Medical Office
For Lease
Contact for pricing
1231 116th Avenue Northeast, Bellevue, WA 98004
Medical office space in Overlake Medical Pavilion, Bellevue.
Days on Market250
Property Features for 1231 116th Avenue Northeast
General Information
Standard status
Active
Property subtype
Healthcare
Listing Agency:
CBRE
Listed By:
Tim Owens
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:12AM
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
Investment Insights
Based on property information with market context.
Overlake Medical Pavilion offers 191,051 square feet of Class A medical-office space. The building features floor load capacity and floor-to-floor heights designed for medical tenants. Amenities include bike racks, commuter lockers, and men’s and women’s locker rooms with showers. The location provides excellent access to I-405, SR-520, and I-90. The building has a high-rise rated life safety and smoke management system. It benefits from abundant natural light with views of downtown Bellevue and the surrounding area. A floor-by-floor fresh air mechanical system is in place, along with a service elevator serving floors 1-9. A Starbucks is located on the ground floor. The building has LEED Silver Certification for shell and core. It is located in the heart of the Overlake Hospital Medical Center and the Bellevue medical community, with close proximity to downtown Bellevue, Metro bus service, and future Link light rail stops.
Key Highlights
- Class A medical‑office space totaling 191,051 square feet.
- Located at the heart of Overlake Hospital Medical Center and the Bellevue medical community.
- Excellent access to I‑405, SR‑520 and I‑90.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,790
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98004, WA
39,136
Population
20,977
Households
1.9
Avg Household Size
37
Median Age
76%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,361
Density / Sq Mi
$176,367
Median Household Income
$120,667
Median Earnings
$2,706
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space in Overlake Medical Pavilion, Bellevue.
Where is this medical office space located?
The property is located at 1231 116th Avenue Northeast Bellevue, WA.
What are key features of this property?
This property features: Class A medical‑office space totaling 191,051 square feet.; Located at the heart of Overlake Hospital Medical Center and the Bellevue medical community.; Excellent access to I‑405, SR‑520 and I‑90.
