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    12402 SE 38Th St Bellevue, WA 98006

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    For Lease
    $40 SF/Yr ($10,713 /Mo)

    Configurable retail space with high visibility and ample parking.

    Property size:
    3,214 SF
    Lot size:
    0.63 Acres

    Property Features for 12402 SE 38Th St

    General Information

    Size
    3,214 SF
    Lot size
    0.63 Acres

    Source: Colliers International WA, LLC Agent Ryan Olson

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

    Overview

    Retail Space with Excellent Frontage

    Available retail space totaling 7,828 square feet features excellent street frontage and visibility. The layout is spacious and configurable, designed for retail efficiency. The property benefits from abundant natural light and high ceilings. Ample drive-up parking is available, along with on-building signage opportunities. The location benefits from steady foot traffic, ample parking, and proximity to major retailers and restaurants. It is also in close proximity to major freeways, providing excellent commuter and shopper access. Nearby residential communities and office parks contribute to a strong, built-in customer base. Suite 12406 offers 4,614 rentable square feet at $40 per square foot, plus $8.50 per square foot NNN. Suite 12408 provides 3,214 rentable square feet at $29 per square foot, plus $8.50 per square foot NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Charissa Young Optometrist Eric T. Waterman, ... Plastic Surgeon Coin Cloud Bitcoin ... Currency Exchange Service Metro Seattle Properties, ... Real Estate Agent 김빅터 부동산 - Victor ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1733157
    Latitude
    47.5777929

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    FAQs

    What type of property is this?
    Retail space - Configurable retail space with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 12402 SE 38Th St Bellevue, WA.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Excellent street frontage and visibility.; - Spacious, configurable layout, purpose-built for retail efficiency.; - Ample drive-up parking stalls.
    (425) 586-5646
    Request Owner's contact information
    12402 SE 38Th St Bellevue, WA 98006
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    Bellevue, WA 98006
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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
    12402 SE 38Th St Bellevue, WA 98006
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