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    10495 4Th St Bellevue, WA 98004

    For Lease
    $65 SF/Yr

    Bellevue mixed-use retail, prime location.

    Lot size:
    807,567 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a 807,567 square foot, two-building power center in the heart of Bellevue, WA. The property, known as Avalon Meydenbauer, boasts a coveted NE Fourth Street and Bellevue Way location, placing it steps from Bellevue Square and directly across from the expansive Lincoln Square South development (comprising 710,000 square feet of office space, 180,000 square feet of retail, and 218 residential units above a 245-room W hotel). Built in 2007, this seven-story complex sits on a 143,312 square foot lot and features 713 parking spaces, catering to both tenants and patrons. The property is zoned DT-MU and includes two suites across its retail, office, and restaurant spaces. Anchored by Safeway, this mixed-use development also houses a diverse range of tenants including BECU, Pokeworks, Lens Crafters, and Bishops Barbershop, reflecting the strength of the location. The property benefits from highly visible signage and dedicated off-street parking. The surrounding area boasts an affluent customer base, with average annual household incomes exceeding $165,000 within a three-mile radius. This prime location in Bellevue's central business district offers unparalleled access to national retailers, acclaimed restaurants, and world-class hotels. The property's APN is 6389700000. This is a rare chance to acquire a significant asset in one of Washington State's most dynamic retail markets.

    Property Features for 10495 4Th St

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    807,567 SF
    Total Rate
    4374321.25

    Building Details

    Year Built
    2007
    Buildings
    2
    Stories
    7

    Unit(s) available at that property

    Space
    1214 SF
    Size
    1,214 SF
    Rate per SF
    $65

    HighLights

    • High‑traffic location directly across from The Bellevue Collection, attracting 23 million annual visitors.
    • High‑income demographic area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miloka Inc. Real Estate Consultant

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.20038121391
    Latitude
    47.613789301919

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    FAQs

    What type of property is this?
    Power center - Bellevue mixed-use retail, prime location.
    Where is this power center located?
    The property is located at 10495 4Th St Bellevue, WA.
    What is the lease rate?
    The lease rate is $65 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location directly across from The Bellevue Collection, attracting 23 million annual visitors.; High-income demographic area.;
    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
    10495 4Th St Bellevue, WA 98004
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