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    3080 148Th Ave Bellevue, WA 98007

    For Lease
    Contact for pricing

    Bellevue retail space, high traffic, great visibility.

    Lot size:
    71,709 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Sunset Village Shopping Center, a single-story, 71,709 square foot retail property in Bellevue, WA, presents a rare opportunity. Built in 1963 and renovated in 1990, this center sits on an 11.93-acre lot (519,664 square feet) and features multiple tenancies. Currently, two spaces are available, ranging from 1,007 to 3,406 square feet, ideal for storefront, medical, or coffee businesses. The property boasts excellent visibility and ample parking, situated at a high-traffic intersection with over 50,000 cars passing daily. Its strategic location at 3080 148th Ave SE, Bellevue, WA 98007 (cross street: 150th Ave SE), places it adjacent to Michael's Toyota, near Bellevue College, and with convenient access to I-90. The property is zoned CB and has an APN of 112405-9007, located within the Lake Hills submarket and Eastgate submarket cluster. This is a prime opportunity for businesses seeking high visibility and strong foot traffic in a well-established Bellevue location.

    Property Features for 3080 148Th Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,709 SF

    Building Details

    Year Built/Renovated
    1963/1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 111 - (former sandwich shop)
    Size
    1,007 SF
    Space
    Suite 115 (former medical space)
    Size
    3,406 SF

    HighLights

    • 71,709 SF single‑story retail center in Bellevue, WA.
    • 11.93‑acre lot with ample parking.
    • Two available spaces (1,007 - 3,406 SF), ideal for various uses.
    • High‑traffic intersection with over 50,000 cars daily.
    • Excellent visibility and location near Bellevue College and I‑90.
    • CB zoning, APN 112405‑9007.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lil' Jon Restaurant ... American Restaurant Crystal E. Sealey, ... Doctor Sean Mackie Hospital Creditly Credit Repair ... Credit Counseling Service Michael's Toyota of Bellevue Toyota Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.14000676319
    Latitude
    47.581359137135

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    FAQs

    What type of property is this?
    Individual retail property - Bellevue retail space, high traffic, great visibility.
    Where is this individual retail property located?
    The property is located at 3080 148Th Ave Bellevue, WA.
    What are key features of this property?
    This property features: 71,709 SF single-story retail center in Bellevue, WA.; 11.93-acre lot with ample parking.; Two available spaces (1,007 - 3,406 SF), ideal for various uses.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3080 148Th Ave Bellevue, WA 98007
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