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Stabilized Bellevue Office Building Investment

14205 SE 36th St, Bellevue, WA 98006

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For Sale

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Fully occupied office building in Bellevue's I-90 corridor.

Type:Office

Property size:

41,577 SF

Price / SF:

$370/SF

HighLights

100% Occupancy: Immediate and dependable cash flow.
Long‑Term Anchor Tenant: Core tenant extended through 2033, ensuring income durability.
Strategic Location: Situated at the junction of I‑90 and I‑405, providing easy access to Seattle and Bellevue.
High‑Image Class A Office Asset: Presents a premier investment opportunity.
Recent Capital Improvements: Designed to minimize near‑term expenditure.
Fully Stabilized Asset: Offers rare income durability.

We can help!

Contact an agent

RJ Vara

For Sale

Contact for pricing

Fully occupied office building in Bellevue's I-90 corridor.

Type:Office

Property size:

41,577 SF

Price / SF:

$370/SF

Added:: Feb 26, 2026
Days on Market:: 122
Last Refresh:: Mar 17 at 1:17 pm

Property Features for 14205 SE 36th St

General Information

Standard status: Active
Size: 41,577 SF
Property subtype: Office

Building Details

Year Built: 1990

We can help!

Contact an agent

RJ Vara

Listing office Northmarq - Seattle

Listing date Feb 26, 2026

Source Crexi

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 Northmarq - Seattle

HighLights

100% Occupancy: Immediate and dependable cash flow.
Long‑Term Anchor Tenant: Core tenant extended through 2033, ensuring income durability.
Strategic Location: Situated at the junction of I‑90 and I‑405, providing easy access to Seattle and Bellevue.
High‑Image Class A Office Asset: Presents a premier investment opportunity.
Recent Capital Improvements: Designed to minimize near‑term expenditure.
Fully Stabilized Asset: Offers rare income durability.

Overview

The 14205 Building is a 41,577 square foot office property located in Bellevue's I-90 corridor. The building is 100% occupied by a mix of seven professional and medical tenants, providing cash flow. A core anchor tenant recently extended their lease through 2033. The property has undergone recent capital improvements. Situated at the junction of I-90 and I-405, the building provides access to both the Seattle and Bellevue central business districts and the Eastgate area.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.50M	$36.00
− Vacancy	−$287.4k	−$6.91
EGI	$1.21M	$29.09
− OpEx	−$302.3k	−$7.27
NOI	$907.0k	$21.82

41,577 SF · lease $36.00/SF/yr · vacancy 19.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$12.96M

$11.34M – $15.12M (±1% cap)

NOI $907,044 @ 7.0% cap · market cap 5.88%

Second Best

—

no second resolved use

Theoretical Best

Office A

$19.24M

$16.84M – $22.45M (±1% cap)

NOI $1,347,095 @ 7.0% cap · market cap 8.73%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Homeseed Loan Service Bellevue Secure Shred Recycling Center Adept Benefits Insurance Agency Mountain Mental Health ... Crisis Center 14205 Building LLC Construction Company

Suggested Use

Location Insight

Map
Local Demand

City: Bellevue
County: King
State: Washington
Longitude: -122.1492315
Latitude: 47.5784284

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For sale
Office buildings
WA
Bellevue
98006
14205 SE 36th St

What type of property is this?

Office building - Fully occupied office building in Bellevue's I-90 corridor.

Where is this office building located?

The property is located at 14205 SE 36th St Bellevue, WA.

What is the asking price?

The asking price for this property is $15,425,000.

What are key features of this property?

This property features: 100% Occupancy: Immediate and dependable cash flow.; Long‑Term Anchor Tenant: Core tenant extended through 2033, ensuring income durability.; Strategic Location: Situated at the junction of I‑90 and I‑405, providing easy access to Seattle and Bellevue.