Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11812 North Creek Pkwy N Bothell, WA 98011

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $26 SF/Yr ($10,978 /Mo)

    Second floor office space with multiple private offices and amenities.

    Property size:
    5,067 SF
    Lot size:
    5.82 Acres

    Property Features for 11812 North Creek Pkwy N

    General Information

    Size
    5,067 SF
    Lot size
    5.82 Acres

    We can help!

    Listing Contact
    Brian Stewart
    Brian Stewart
    Source: Moodyscre

    Listing Agent: Brian Stewart

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

    Learn more

    Property Insight Report

    Overview

    Office Space Available For Rent

    The available space is located on the second floor and features 5 to 6 private offices, a breakroom, a kitchenette, and an open workspace. It can be leased contiguous with Suite 204/205, offering a total of 5,067 square feet. The space will be available starting January 1, 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ParityFactory LLC Software Company Sixense, Inc Engineer David Morgan LLC Clothing Store Clear Solution Care Medical Clinic Sixense Northern America Construction Company

    Suggested Use

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

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

    Location Insight

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

    Nearby Similar for Lease

    • $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
    • $42 SF/Yr
      1,518 SF

      Bothell Mixed-Use Retail Space

      Vibrant retail space near Biotech Corridor and University of Washington.
      19116-19122 Beardslee Blvd, Bothell, WA 98011
      View Details
    • $20 SF/Yr
      57,000 SF

      Bothell Flex Space Available

      Turnkey office and warehouse space in North Creek Business Park.
      11822 North Creek Pkwy N, Bothell, WA 98011
      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
    • $35 SF/Yr
      6,713 SF

      Downtown Bothell Freestanding Office Building

      Freestanding office/medical building in the heart of Downtown Bothell.
      18504 Bothell Way NE, Bothell, WA 98011
      View Details
    • $28 SF/Yr
      3,189 SF

      Renovated Office Space For Lease

      Office suites available with planned renovations and tenant improvements.
      23717 Bothell-Everett Hwy, Bothell, WA
      View Details
    • $24 SF/Yr
      125,850 SF

      Bothell Office Park Investment

      Class A Office & Flex Space Available
      11810 Creek Pkwy, Bothell, WA 98011
      View Details
    • $21 SF/Yr
      34,824 SF

      Bothell Office Space for Lease

      Prime Mill Creek Office Suites Available
      3922 148Th St, Bothell, WA 98012
      View Details
    • Contact for pricing
      119,361 SF

      Bothell Retail Space Available

      Prime Bothell storefront, multiple units.
      22833 Bothell Everett Hwy, Bothell, WA 98021
      View Details
    • $22 SF/Yr
      16,126 SF

      Bothell Office Space: Canyon Park West

      Class A Office Suites, Coworking Available
      22722 29Th Dr, Bothell, WA 98021
      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
    • $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

    FAQs

    What type of property is this?
    Office space - Second floor office space with multiple private offices and amenities.
    Where is this office space located?
    The property is located at 11812 North 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: - Available January 1, 2026; - 5-6 Private Offices; - Open Work Space provides flexible options.
    (425) 289-2222
    Request Owner's contact information
    11812 North 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 North 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 North 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
    Brian Stewart
    Brian Stewart
    (425) 289-2222
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.