Listing Agency: Kidder Mathews Bellevue t***@kidder.com Show Phone

Listed By: Tim Chin · License #WA

Source: Crexi

Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 2:42AM

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Investment Insights

Based on property information with market context.

This condominium unit is designated for office or medical use within a professional park. The property is situated in Bellevue’s Bel-Red corridor at 1540 140th Ave NE, Bellevue, WA 98005.

Key Highlights

• Office or medical condominium unit
• Located within a professional park
• Positioned in Bellevue’s Bel‑Red corridor

Property Analytics

Property Profile

Current Use

Peterson & Franklin Dentistry Dental Office Self Dave Physician Luebke Jon R Physician Ma's Acupuncture & Chinese ... Alternative Medicine Practice Hayner William J Physician

Suggested Use

Top Pick Tattoo & Piercing Shop Restaurant Pet Grooming Service Barber Shop Florist (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,484

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Condominium unit supporting office or medical use in Bellevue’s Bel-Red corridor.

Where is this office units located?

The property is located at 1540 140th Ave NE Bellevue, WA.

What are key features of this property?

This property features: Office or medical condominium unit; Located within a professional park; Positioned in Bellevue’s Bel‑Red corridor