Single-Story Office
For Lease
Contact for pricing
1721 132nd Ave NE, Bellevue, WA 98005
Single-story premises are configured as open office space with optional warehouse area in the same building.
Space Size10,400 SF
Days on Market50
Property Features for 1721 132nd Ave NE
General Information
Standard status
Active
Size
10,400 SF
Net Rentable
10,400 SF
Total Parking Spaces
40
Property subtype
OFFICE
Space & Availability
Available Space
10,400 SF
Contiguous Space
10,400 SF
Floor
Ground Floor
Space Use
Office
Additional Details
Public Transit
Yes
Amenities
park like setting
Building Details
Stories
1
Spaces For Lease
at 1721 132nd Ave NE
Office/Warehouse Space For Lease
AVAILABLE
Floor
1
Size
10,400 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
10,400 SF of single-story commercial space currently built out as open office in a park like setting, available Q3 2026. Option to include 2,700 SF of warehouse/ Industrial space in the same building.
About 40 parking surface lot parking stalls, 3-minute walk to Sound Transit’s Bel-Red Light Rail station. The light rail runs to Microsoft’s Campus, downtown Redmond and downtown Bellevue, downtown Seattle, and SeaTac Airport.
Current tenant improvements were built in the late 1990’s with updates since.
Contact us
Listing Agency:
Wallace Properties, Inc.
Listed By:
Bob Wallace
(425) 455-9976
Source:
Moodyscre
Added: Aug 17
Changed: Sep 11
Last Checked: Oct 4 at 10:39AM
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.
Investment Insights
Based on property information with market context.
The offering includes 10,400 SF of single-story commercial space arranged as open office. An additional 2,700 SF of warehouse/industrial area in the building may be included. Existing tenant improvements date to the late 1990s, with subsequent updates, and the space is available Q3 2026.
The property is located at 1721 132nd Ave NE in Bellevue, Washington, within a park-like setting. Approximately 40 surface parking stalls serve the building. Sound Transit’s Bel-Red Light Rail station is about a three-minute walk away, with service to Microsoft’s Campus, downtown Redmond, downtown Bellevue, downtown Seattle, and SeaTac Airport.
The property is located at 1721 132nd Ave NE in Bellevue, Washington, within a park-like setting. Approximately 40 surface parking stalls serve the building. Sound Transit’s Bel-Red Light Rail station is about a three-minute walk away, with service to Microsoft’s Campus, downtown Redmond, downtown Bellevue, downtown Seattle, and SeaTac Airport.
Key Highlights
- 10,400 SF of single‑story open office space
- Optional 2,700 SF of warehouse/industrial area in the same building
- Approximately 40 surface parking stalls
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,675
Businesses Nearby
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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
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Market
Lease Benchmarks for Bellevue, WA
$33.73 /SF/Yr
Avg Asking Price
$7.77–$49.5 /SF/Yr
Price Range
11,611 SF
Avg Space Size
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Single-story premises are configured as open office space with optional warehouse area in the same building.
Where is this office units located?
The property is located at 1721 132nd Ave NE Bellevue, WA.
What are key features of this property?
This property features: 10,400 SF of single‑story open office space; Optional 2,700 SF of warehouse/industrial area in the same building; Approximately 40 surface parking stalls
