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    1417 116Th Ave NE Bellevue, WA 98004

    For Lease
    $25 SF/Yr

    Office space in great location with excellent freeway access.

    Property size:
    10,885 SF
    Lot size:
    1.83 Acres

    Property Features for 1417 116Th Ave NE

    General Information

    Size
    10,885 SF
    Lot size
    1.83 Acres

    Source: Wallace Properties, Inc. Agent Ann Bishop

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bellevue Office Space For Lease

    This office space is situated in an office campus setting, offering convenient freeway access. It is suitable for general office use or professional services, including medical practices. Surface parking is available at no cost, with reserved garage parking offered at $75 per stall per month. The parking ratio is 3.04 per 1,000 square feet, including reserved parking spaces. Additional parking options are available for medical tenants. The location is within walking distance of Downtown Bellevue amenities, the Spring District, and the 120th Sound Transit light rail station. The property offers 10,885 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kristen Parkin, PT Physical Therapist Nancy Cullinane, DPT Physical Therapist Linsey Tracy, PT Physical Therapist Kristin Carter, PT Physical Therapist Katie Aakre, DPT Physical Therapist

    Suggested Use

    Restaurant Building Supply Realty agency Wholesale Shop Dental Office Law Firm Auto Repair Shop Spa & Massage Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1875935
    Latitude
    47.6229266

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    FAQs

    What type of property is this?
    Office space - Office space in great location with excellent freeway access.
    Where is this office space located?
    The property is located at 1417 116Th Ave NE Bellevue, WA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Excellent freeway access and walking distance to Downtown Bellevue amenities, Spring District, and the 120th Sound Transit light rail station.; - Free surface parking with a parking ratio of 3.04/1,000.; - Ideal for general office or professional services, including medical.
    (425) 455-9976
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1417 116Th Ave NE Bellevue, WA 98004
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