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Overlake Office Center Location
For Lease
$36 SF/Yr

15446 Bel Red Rd, Redmond, WA 98052

Professional office and medical suites in Overlake submarket.

Space Size1,408 SF - 3,073 SF
Property Size50,825 SF
Days on Market150

Property Features for 15446 Bel Red Rd

General Information

Standard status Active
Size 1,408 SF - 3,073 SF
Class B
Property subtype Office
Lease Term Full Service

Building Details

Building Size 50,825 SF
Year Built 1980

Spaces For Lease

at 15446 Bel Red Rd Contact us

Suite 320 $42/SF/Yr

Size
1,423 SF
Type
Medical
Term
Negotiable
Contact us

Suite 401 + Suite 430 $36/SF/Yr

Size
3,073 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 401 $37.50/SF/Yr

Size
1,655 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 430 $36/SF/Yr

Size
1,408 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Leibsohn & Company
Listed By: Dan Krekel, CCIM · License #52285
Source: Leibsohn
Added: Mar 27 Changed: Aug 23 Last Checked: Aug 22 at 1:43PM

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 Leibsohn & Company

Investment Insights

Based on property information with market context.

Overlake Office Center is located in the Overlake submarket, offering professional office and medical suites with connectivity to the Eastside. Situated along Bel-Red Road, it provides access to SR-520 and I-405, facilitating commutes to Bellevue, Kirkland, and Seattle, and proximity to the Microsoft campus and tech employers. As of 2026, the building is under new ownership and management. Recent upgrades include new LED lighting and a refreshed lobby. Monument signage opportunities are available for tenants. Tenants have access to walkable amenities including grocery, dining, and retail options, plus nearby bus routes (222, 223 & 226) and light rail access via Overlake Village Station. It is suited for professional office or medical users seeking space in a central location.

Key Highlights

  • Exceptional Eastside connectivity with convenient access to SR‑520 and I‑405.
  • Walkable amenities including grocery, dining, and retail options.
  • Proximity to the Microsoft campus and surrounding tech employers.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Storage Facility Building Supply Grocery & Convenience Store Electrical Service Garden Center

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

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98052, WA

77,176
Population
34,946
Households
2.2
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
20.3 sq mi
ZIP Area
3,802
Density / Sq Mi
$164,848
Median Household Income
$106,078
Median Earnings
$2,339
Median Rent
$1,107,900
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?
Medical Office Space - Professional office and medical suites in Overlake submarket.
Where is this medical office space located?
The property is located at 15446 Bel Red Rd Redmond, WA.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Exceptional Eastside connectivity with convenient access to SR‑520 and I‑405.; Walkable amenities including grocery, dining, and retail options.; Proximity to the Microsoft campus and surrounding tech employers.
More about this property
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