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Mixed-Use Building with Office and Retail
For Sale
Contact for pricing
Pending

1285 122nd Ave NE, Bellevue, WA 98005

Newly constructed asset fully leased to three tenants with eight years of WALT remaining.

Property Size28,244 SF
Days on Market143

Property Features for 1285 122nd Ave NE

General Information

Standard status Pending
Size 28,244 SF
Net Rentable 28,244 SF
Class Trophy
Property subtype Mixed Use
Occupancy 100%

Additional Details

Public Transit Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: CBRE - Orange County
Listed By: Anthony Delorenzo · License #CA 01706686
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 7:05AM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

Brewpub is a newly constructed mixed-use building containing 28,244 RSF of office and retail space. The property is fully leased to three tenants, with 8 years of WALT remaining, providing an established occupancy profile for an investor.

The building is located at 1285 122nd Ave NE in Bellevue, Washington, within The Spring District. This 36-acre urban neighborhood provides direct access to light rail and intermodal and regional transportation options. The surrounding campus includes development and ownership by Shorenstein Properties, Wright Runstad, Brookfield, and Meta.

Key Highlights

  • 28,244 RSF mixed‑use building with office and retail space
  • 100% leased to three tenants
  • 8 years of WALT remaining

Property Analytics

Current Use

Deloitte Business Management Consultant Catalyst Workplace Activation Furniture & Home Goods

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Big Box & Wholesale Store Barber Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 98005, WA

20,961
Population
9,420
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
2,871
Density / Sq Mi
$158,396
Median Household Income
$87,000
Median Earnings
$2,380
Median Rent
$1,373,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly constructed asset fully leased to three tenants with eight years of WALT remaining.
Where is this mixed-use property located?
The property is located at 1285 122nd Ave NE Bellevue, WA.
What are key features of this property?
This property features: 28,244 RSF mixed‑use building with office and retail space; 100% leased to three tenants; 8 years of WALT remaining
(503) 200-9216 Call to check price and availability
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