Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11812 Creek Pkwy N Bothell, WA 98011

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,895 /Mo ($26 SF/Yr)

    Office/warehouse space featuring lab improvements including a clean room.

    Property size:
    3,644 SF
    Lot size:
    3,644 SF

    Property Features for 11812 Creek Pkwy N

    General Information

    Standard status
    Active
    Size
    3,644 SF

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Caleb Farnworth, Ccim
    Source: Corcoran

    Listing Agency: ROSEN-HARBOTTLE COMMERCIAL R.E Listing Agent: Caleb Farnworth, Ccim

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

    Learn more

    Overview

    Office/Warehouse Space with Lab

    This 3,644 square-foot property offers office and warehouse space with existing lab improvements. The improvements include a shower, fume hood, and a clean room. The property is suitable for commercial real estate use.
    Location Intelligence

    Current Use by Public Records

    ParityFactory LLC (Bike/Boat/Book/etc) Store Sixense, Inc Engineer David Morgan LLC Clothing Store Clear Solution Care Medical Clinic Sixense Northern America Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    Teriyaki - TERIYAKIDELIVERY.COM

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1813923
    Latitude
    47.7751346

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Canyon Park West

      Flexible workspace in West Loop 200 S. Wacker
      22722 29Th Dr, Bothell, WA 98021
      View Details
    • Contact for pricing

      WA, Bothell - 17th Ave SE

      Discover many ways to work your way in Mountain View Downtown
      22232 2 Ct, Bothell, WA 98021
      View Details
    • New
      $3,085 /Mo
      1,424 SF

      Move-in Ready Office Space

      Office space with reception, conference room, offices, and kitchenette.
      19515 Creek Pkwy, Bothell, WA 98011
      View Details
    • $24 SF/Yr
      3,000 SF

      Versatile Warehouse/Office/Retail Space

      Adaptable space near Highway 522, suitable for various business needs.
      17514 Bothell Way NE, Bothell, WA 98011
      View Details
    • $20 SF/Yr
      1,757 SF

      Renovated Office and Industrial Space

      Newly renovated office and industrial spaces in ideal location.
      18012 Bothell Everett Hwy, Bothell, WA 98012
      View Details
    • $22 SF/Yr
      3,877 SF

      Bothell Office Space Available Now

      Prime commercial location with modern, customizable office spaces and amenities.
      24003 Bothell Everett Hwy, Bothell, WA 98012
      View Details
    • $20 SF/Yr
      690 SF

      Bothell Stand-Alone Office/Retail Building

      Stand-alone Bothell office/retail building with drive-thru access for lease.
      23920 Bothell Everett Hwy, Bothell, WA 98021
      View Details
    • $26 SF/Yr
      1,200 SF

      Retail Space Available For Rent

      Retail space with excellent corner location and high visibility.
      212 W Winesap Rd, Bothell, WA 98012
      View Details
    • $7,500 /Mo
      3,020 SF

      Bothell Office Building with Yard

      Single tenant office with yard space in downtown Bothell.
      9606 NE 180Th St, Bothell, WA 98011
      View Details
    • $24 SF/Yr

      Bothell Office Space For Rent

      Office space in Bothell's Canyon Park shopping district.
      22232 17Th Ave SE, Bothell, WA 98021
      View Details
    • $5,083 /Mo
      1,525 SF

      Downtown Bothell Retail Space

      Built-out bank space in downtown Bothell available for lease.
      9924 185Th St, Bothell, WA 98011
      View Details
    • $2,351 /Mo
      1,085 SF

      Refurbished Office Space Available

      Office space undergoing refurbishment with multiple offices and open area.
      19515 Creek Pkwy, Bothell, WA 98011
      View Details

    FAQs

    What type of property is this?
    Flex space - Office/warehouse space featuring lab improvements including a clean room.
    Where is this flex space located?
    The property is located at 11812 Creek Pkwy N Bothell, WA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Office/warehouse space with lab improvements, including a clean room and a fume hood.; - Features a shower.; - Office/warehouse combination.
    Request Owner's contact information
    11812 Creek Pkwy N Bothell, WA 98011
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11812 Creek Pkwy N
    Bothell, WA 98011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    11812 Creek Pkwy N Bothell, WA 98011
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Caleb Farnworth, Ccim
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!