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Bellevue Medical Office Space Available
For Lease
$20,315

1900 116th Avenue Northeast, Bellevue, WA 98004

Medical office space for lease in Bellevue Healthcare District.

Space Size4,625 SF
Property Size9,000 SF
Days on Market187

Property Features for 1900 116th Avenue Northeast

General Information

Standard status Active
Size 4,625 SF
Class B
Property subtype Office
Lease Term Gross

Building Details

Building Size 9,000 SF
Year Built 1979

Spaces For Lease

at 1900 116th Avenue Northeast Contact us

1900 116th Avenue NE $20,315/Mo

Size
4,625 SF
Type
Medical
Term
Negotiable
Contact us
Listing Agency: Leibsohn & Company Commercial Real Estate Services
Listed By: Dan Krekel, CCIM · License #52285
Source: Leibsohn
Added: Mar 5 Changed: Sep 7 Last Checked: Sep 7 at 7:57AM

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 Leibsohn & Company Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This 4,625 square foot suite is available for lease in the Bellevue Healthcare District. The property is centrally located and adjacent to Overlake Medical, Kaiser Permanente, and Bellevue Medical Center. It offers convenient access to I-405 and SR-520. Situated approximately 0.5 miles from the East Link Spring District light rail station, the property features an Ambulatory Surgery Center with two operating rooms. The lease rate is $52.00 per square foot, gross, for two days per week.

Key Highlights

  • Ambulatory Surgery Center with two (2) operating rooms
  • Prime location in Bellevue Healthcare District, adjacent to Overlake Medical, Kaiser Permanente, and Bellevue Medical Center
  • Easy access to I‑405 and SR‑520

Property Analytics

Current Use

Praveen Mambalam Physician Ramandeep S. Sidhu, ... Physician Dr. Stephanie Woo Alternative Medicine Practice Arlene Ritzen Pediatrician Pacific Vascular Physician

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Pet Grooming Service (Bike/Boat/Book/etc) Store Bed & Breakfast Butcher

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

Location Intelligence

Trade Area within ½ mile

4,896
Businesses Nearby
Balanced
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space for lease in Bellevue Healthcare District.
Where is this medical office space located?
The property is located at 1900 116th Avenue Northeast Bellevue, WA.
What is the lease rate?
The lease rate is $20,315.
What are key features of this property?
This property features: Ambulatory Surgery Center with **two (2) operating rooms**; Prime location in Bellevue Healthcare District, adjacent to Overlake Medical, Kaiser Permanente, and Bellevue Medical Center; Easy access to I‑405 and SR‑520
More about this property
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