12535-12537 15th Ave NE, Seattle, WA 98125
Seattle office building with 34,354 square feet available for sale.
- Added:
- Mar 8, 2026
- Days on Market:
- 112
- Last Refresh:
- Mar 8 at 3:14 am
Property Features for 12535-12537 15th Ave NE
General Information
- Standard status
- Active
- Size
- 34,354 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing office Kidder Mathews - Seattle (206) 296-9621
Listing date Mar 8, 2026
Source Kidder
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All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews - Seattle
HighLights
- Seattle office building for sale
- 34,354 square feet available, inform your clients about the ample space.
- Year Built: 1985
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.03M | $30.00 |
| − Vacancy | −$242.2k | −$7.05 |
| EGI | $788.4k | $22.95 |
| − OpEx | −$197.1k | −$5.74 |
| NOI | $591.3k | $17.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3129964
- Latitude
- 47.7202248
