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Bellevue Restaurant Space Available
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500 108th Avenue Northeast, Bellevue, WA 98004

Turn-key deli/catering space in Bellevue CBD with great access.

Space Size12,545 SF
Days on Market108

Property Features for 500 108th Avenue Northeast

General Information

Standard status Active
Size 12,545 SF
Property subtype Office

Spaces For Lease

at 500 108th Avenue Northeast Contact us

Suite 700

Size
12,545 SF
Availability
Available
Sublease
Yes
Contact us
Listing Agency: CBRE
Listed By: Brian Biege
Source: Cbre
Added: May 21 Changed: Sep 4 Last Checked: Sep 5 at 4:40AM

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.

A turn-key deli and catering opportunity is available immediately. The 3,052 square foot space includes a coffee bar, Type 2 hood, walk-in refrigeration, and other restaurant equipment. It features an exterior door facing the Bellevue Transit Center and interior lobby access to the City Center Bellevue office building. Located in the heart of Bellevue's central business district, the property offers easy access from the Bellevue Transit Center, the upcoming Bellevue Light Rail Station (planned for 2023), and surrounding office buildings. Outdoor seating is available. This is a second-generation space in the Downtown Bellevue submarket, near millions of square feet of existing office space and space currently under construction within one block, including three new Amazon high rises. The property's tax identification number is 3225059066.

Key Highlights

  • Turn‑key deli/catering opportunity with existing equipment including coffee bar, type 2 hood, and walk‑in refrigeration.
  • Prime location in Bellevue CBD, adjacent to Bellevue Transit Center and with interior access to City Center Bellevue.
  • Easy access to Bellevue Light Rail Station (coming 2023).

Property Analytics

Current Use

Bellevue Commercial Refrigeration ... Home Appliance Store Point Inside, Inc. (Bike/Boat/Book/etc) Store Alibaba (Bike/Boat/Book/etc) Store Tupl Inc (Bike/Boat/Book/etc) Store World Wide Technology (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Butcher Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Clothing & Fashion 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

Location Intelligence

Trade Area within ½ mile

7,299
Businesses Nearby
448k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 36% Dining 22% Shops & Services 18% Groceries 15%
Nordstrom Apparel
153,229 visits/mo 0.4 miles
QFC Groceries
46,243 visits/mo 0.5 miles
Wendy's Dining
22,175 visits/mo 0.4 miles
Panera Bread Dining
18,118 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
15,698 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key deli/catering space in Bellevue CBD with great access.
Where is this conventional restaurant located?
The property is located at 500 108th Avenue Northeast Bellevue, WA.
What are key features of this property?
This property features: Turn‑key deli/catering opportunity with existing equipment including coffee bar, type 2 hood, and walk‑in refrigeration.; Prime location in Bellevue CBD, adjacent to Bellevue Transit Center and with interior access to City Center Bellevue.; Easy access to Bellevue Light Rail Station (coming 2023).
More about this property
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