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    2020 116Th Ave NE Bellevue, WA 98004

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    For Lease
    $900 /Mo ($18 SF/Yr)

    Office space with easy access to highways and ample parking.

    Property size:
    590 SF
    Lot size:
    0.66 Acres

    Property Features for 2020 116Th Ave NE

    General Information

    Size
    590 SF
    Lot size
    0.66 Acres

    Source: Leibsohn & Company Agent Dan Krekel, CCIM

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

    Overview

    Bellevue Office Space For Rent

    This 590 square foot office space is available for rent and offers convenient access to I-405 and SR-520. The property features a parking ratio of 4.5 per 1,000 rentable square feet. Its location provides proximity to Overlake Hospital, Kaiser Permanente, and Downtown Bellevue. Monument signage is available on 116th Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bellevue Overlake Dental Dental Clinic Bellevue Vision Optometrist JEN Lifestyle Medicine Holistic Medicine Practitioner Roopa Bhat Neurologist Eastside Endocrinology & Diabetes Endocrinologist

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Wholesale Shop Auto Repair Shop Dental Office Spa & Massage 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
    -122.1850477
    Latitude
    47.6287745

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    FAQs

    What type of property is this?
    Office space - Office space with easy access to highways and ample parking.
    Where is this office space located?
    The property is located at 2020 116Th Ave NE Bellevue, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-405 & SR-520; - Parking Ratio: 4.5/1,000 RSF; - Close to Overlake Hospital, Kaiser Permanente & Downtown Bellevue
    (425) 586-4655
    Request Owner's contact information
    2020 116Th Ave NE Bellevue, WA 98004
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    Bellevue, WA 98004
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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
    2020 116Th Ave NE Bellevue, WA 98004
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