Medical Office Campus
For Lease
Contact for pricing
1417 116th Ave NE, Bellevue, WA 98004
Office suite in a campus setting with freeway access and both free surface and reserved garage parking.
Space Size6,657 SF
Days on Market297
Property Features for 1417 116th Ave NE
General Information
Standard status
Active
Size
6,657 SF
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Neighborhood
Belred
Highway Access
Yes
Amenities
free surface parking
reserved garage parking
walking distance to Downtown Bellevue Amenities
walking distance to Spring District
walking distance to 120th Sound Transit light rail station
Spaces For Lease
at 1417 116th Ave NE
Bellevue Office Space for Lease
$25.50/SF/Yr
Floor
2
Size
6,657 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
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
Walking distance to Downtown Bellevue Amenities, Spring District and 120th Sound Transit light rail station
Contact us
Listing Agency:
Wallace Properties, Inc.
(425) 455-9976
Listed By:
Ann Bishop
(206) 229-7523
Source:
Moodyscre
Added: Jan 6
Changed: Oct 26
Last Checked: Oct 28 at 10:57AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite is situated within an office campus and is well suited for general office or professional services, including medical uses. The space is supported by convenient parking options, including free surface parking and reserved garage parking.
Access is highlighted by excellent freeway access. Parking is provided at a ratio of 3.04 spaces per 1,000 square feet, including reserved parking. Additional parking is also available for medical tenants.
The setting offers walkable proximity to Downtown Bellevue amenities, Spring District, and the 120th Sound Transit light rail station, supporting day-to-day convenience for staff and patients.
Access is highlighted by excellent freeway access. Parking is provided at a ratio of 3.04 spaces per 1,000 square feet, including reserved parking. Additional parking is also available for medical tenants.
The setting offers walkable proximity to Downtown Bellevue amenities, Spring District, and the 120th Sound Transit light rail station, supporting day-to-day convenience for staff and patients.
Key Highlights
- Office suite in an office campus setting with freeway access
- Suitable for general office or professional services, including medical
- Free surface parking plus reserved garage parking for $75/month per stall
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.82 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,849
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 26% 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 suite in a campus setting with freeway access and both free surface and reserved garage parking.
Where is this office unit located?
The property is located at 1417 116th Ave NE Bellevue, WA.
What is the lease rate?
The lease rate is $25.50 SF/Yr.
What are key features of this property?
This property features: Office suite in an office campus setting with freeway access; Suitable for general office or professional services, including medical; Free surface parking plus reserved garage parking for $75/month per stall
