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Bellevue Office Space Available
For Lease
$32 SF/Yr

2233 112th Avenue Northeast, Bellevue, WA 98004

Well-located office space with freeway access near downtown Bellevue.

Space SizeContact for details
Days on Market151

Property Features for 2233 112th Avenue Northeast

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE
Listed By: Jeff Scanlan
Source: Cbre
Added: Mar 25 Changed: Aug 11 Last Checked: Aug 22 at 5:18AM

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 CBRE

Investment Insights

Based on property information with market context.

This commercial real estate offers office spaces in a highly desirable submarket. The property benefits from excellent freeway access and proximity to downtown Bellevue and the Spring District. The property size is 27678 square feet.

Key Highlights

  • Well located in a highly desirable submarket.
  • Excellent freeway access.
  • Proximity to downtown Bellevue.

Property Analytics

Current Use

Parker, Smith & Feek ... Insurance Agency

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Garden Center Grocery & Convenience Store Storage Facility (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.

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,765
Businesses Nearby

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

Lease Benchmarks for Bellevue, WA

$37.5 /SF/Yr
Avg Asking Price
$30–$49.5 /SF/Yr
Price Range
48,856 SF
Avg Space Size

This space is priced 15% below the average of $37.5 /SF/Yr.

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?
Office building - Well-located office space with freeway access near downtown Bellevue.
Where is this office building located?
The property is located at 2233 112th Avenue Northeast Bellevue, WA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Well located in a highly desirable submarket.; Excellent freeway access.; Proximity to downtown Bellevue.
More about this property
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