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    1014-1038 116Th Ave Northeast Bellevue, WA 98004

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    For Lease
    $37 SF/Yr ($11,109 /Mo)

    Retail space sublease in Bellevue Design Market near downtown.

    Property size:
    3,603 SF
    Lot size:
    5.96 Acres

    Property Features for 1014-1038 116Th Ave Northeast

    General Information

    Size
    3,603 SF
    Lot size
    5.96 Acres

    Source: Ewing & Clark Comm'l Brokerage Agent Andy Randles

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

    Overview

    Bellevue Retail Space Sublease Opportunity

    This property offers an opportunity to sublease a corner unit within the Bellevue Design Market. The retail space measures 3,603 square feet and is designed for home showrooms. Ample parking is available. The property is situated near downtown Bellevue. A one-year sublease is currently available, and the landlord is willing to consider longer-term leases.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    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.

    Similar Places Nearby

    FIRAASH FURNITURE, jayfallsinluv LLC, KOHLER Signature Store by Keller Supply, Mafi Rugs at Seldens Designer Home Furnishings, UniGrout LLC

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.184614
    Latitude
    47.619751

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    FAQs

    What type of property is this?
    Showroom - Retail space sublease in Bellevue Design Market near downtown.
    Where is this showroom located?
    The property is located at 1014-1038 116Th Ave Northeast Bellevue, WA.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner unit location within the Bellevue Design Market.; - Sublease opportunity with potential for a longer-term lease directly with the landlord.; - Ample parking available.
    (206) 695-4823
    Request Owner's contact information
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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
    1014-1038 116Th Ave Northeast Bellevue, WA 98004
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