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    1407 116Th Ave Bellevue, WA 98004

    For Lease
    Contact for pricing

    Prime Bellevue location, flexible suites available.

    Lot size:
    98,785 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional office property, located at 1407 116th Ave NE in Bellevue, WA 98004, offers a total of 98,785 square feet across two stories, built in 1979. Currently, there are multiple tenancies available, ranging from 1,652 square feet to the total 6,618 square feet of vacant space. The building boasts a convenient location within an office campus setting, providing excellent freeway access and proximity to downtown Bellevue amenities, including numerous restaurants. The property is ideal for general office or professional services, including medical practices. Parking is a significant advantage, with a generous ratio of 3.04 spaces per 1,000 square feet. This includes free surface parking and reserved garage parking available at a monthly rate of $75 per stall. Additional parking may be available for medical tenants. Lease terms are full-service, including base year rent, janitorial services, and in-suite utilities. Rental rates are negotiable. King County location.

    Property Features for 1407 116Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,785 SF

    Building Details

    Year Built
    1979
    Stories
    2

    Unit(s) available at that property

    Space
    Bldg 1407 East - Suite 100
    Size
    6,618 SF
    Space
    Bldg 1407 East - Suite 110
    Size
    1,652 SF

    HighLights

    • 98,785 SF office building in Bellevue, WA, built in 1979.
    • Multiple suites available, ranging from 1,652 SF to 6,618 SF of contiguous vacant space.
    • Excellent freeway access and proximity to downtown Bellevue amenities, including restaurants.
    • Suitable for general office or medical tenants.
    • Ample parking: 3.04 spaces per 1,000 SF, including free surface and reserved garage parking ($75/month). Additional parking may be available for medical tenants.
    • Full‑service lease, including base year rent, janitorial services, and in‑suite utilities; negotiable rental rates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Overlake Clinics - Internal ... Medical Clinic Dr. Scott T. ... Doctor College Planning Success College College Planning Help Educational Consultant Norman & Kitto PLLC Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1875974
    Latitude
    47.622955

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    FAQs

    What type of property is this?
    Office space - Prime Bellevue location, flexible suites available.
    Where is this office space located?
    The property is located at 1407 116Th Ave Bellevue, WA.
    What are key features of this property?
    This property features: 98,785 SF office building in Bellevue, WA, built in 1979.; Multiple suites available, ranging from 1,652 SF to 6,618 SF of contiguous vacant space.; Excellent freeway access and proximity to downtown Bellevue amenities, including restaurants.
    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
    1407 116Th Ave Bellevue, WA 98004
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