Bellevue Office Space for
For Lease
Contact for pricing
1407 116th Ave NE, Bellevue, WA 98004
Office space in Bellevue with freeway access and free parking.
Space Size6,618 SF
Lot Size1.90 Acres
Days on Market911
Property Features for 1407 116th Ave NE
General Information
Standard status
Active
Size
6,618 SF
Lot size
1.90 Acres
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Neighborhood
Belred
Spaces For Lease
at 1407 116th Ave NE
Bellevue Office Space for Lease
$22/SF/Yr
Size
6,618 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Lease type: Triple Net Lease with Operating Expenses that include in-suite utilities and janitorial service. Great location in an office campus setting with excellent freeway access. Ideal for general office or professional services including medical. FREE surface parking and reserved garage parking at $75/month per stall. Parking ratio: 3.04/1,000, including reserved parking. Additional parking available for medical tenants. Walk to restaurants and Downtown Bellevue amenities.
Contact us
Listing Agency:
Wallace Properties, Inc.
(425) 455-9976
Listed By:
Ann Bishop
(206) 229-7523
Source:
Moodyscre
Added: May 2, 2024
Changed: Oct 25
Last Checked: Oct 28 at 9:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wallace Properties, Inc.
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Investment Insights
Based on property information with market context.
This office space is available for lease in an office campus setting with convenient freeway access. The location is suitable for general office or professional services, including medical use. The lease is a Triple Net Lease, with operating expenses covering in-suite utilities and janitorial service. Free surface parking is available, with reserved garage parking available for $75 per month per stall. The parking ratio is 3.04 per 1,000 square feet, including reserved parking. Additional parking is available for medical tenants. The property is located within walking distance of restaurants and Downtown Bellevue amenities. The property size is 6,618 square feet.
Key Highlights
- Excellent freeway access and proximity to Downtown Bellevue amenities and restaurants.
- Triple Net Lease includes in‑suite utilities and janitorial service.
- Free surface parking with a parking ratio of 3.04/1,000.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,849
Businesses Nearby
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Business Placement
Demographics for 98004, WA
39,136
Population
20,977
Households
1.9
Avg Household Size
37
Median Age
76%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,361
Density / Sq Mi
$176,367
Median Household Income
$120,667
Median Earnings
$2,706
Median Rent
$2,000,001
Median Home Value
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Market
Lease Benchmarks for Bellevue, WA
$34.23 /SF/Yr
Avg Asking Price
$7.77–$49.5 /SF/Yr
Price Range
11,795 SF
Avg Space Size
This space is priced 36% below the average of $34.23 /SF/Yr.
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office space in Bellevue with freeway access and free parking.
Where is this office unit located?
The property is located at 1407 116th Ave NE Bellevue, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Excellent freeway access and proximity to Downtown Bellevue amenities and restaurants.; Triple Net Lease includes in‑suite utilities and janitorial service.; Free surface parking with a parking ratio of 3.04/1,000.
