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    1525 132Nd Ave Bellevue, WA 98005

    For Lease
    Contact for pricing

    Prime Bellevue retail, transit-oriented.

    Lot size:
    8,598 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional new construction retail opportunity is located in Bellevue's vibrant Spring District, directly adjacent to the BelRed light rail station. The Copal Building offers multiple ground floor retail spaces, ranging from a minimum of 951 square feet to a maximum contiguous space of 6,322 square feet. A total of five retail suites are available within the building, providing flexibility for various business needs. The building boasts convenient elevator access to a secure, below-grade parking garage featuring 32 shared stalls dedicated to retail tenants. This prime location benefits from the significant foot traffic generated by the light rail station and the approximately 298 residential units located above the retail spaces, ensuring a consistent flow of potential customers. The modern design and new construction status offer a high-quality environment for businesses seeking a prominent presence in this thriving area. The flexible suite sizes allow for businesses of various scales to find the perfect fit. Don't miss this chance to establish your business in one of Bellevue's most sought-after locations. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1525 132Nd Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,598 SF

    Unit(s) available at that property

    Space
    Suite A
    Size
    1,325 SF
    Space
    Suite B
    Size
    951 SF
    Space
    Suite C
    Size
    2,273 SF
    Space
    Suite D
    Size
    1,814 SF
    Space
    Suite E
    Size
    2,235 SF

    HighLights

    • Prime Bellevue retail space in the Spring District, adjacent to the BelRed light rail station.
    • Newly constructed Copal Building offers multiple ground floor retail suites ranging from 951 to 6,322 square feet.
    • Building features five total suites and 32 shared parking spaces.
    • Elevator access to the parking garage is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    International Ballet Academy Dance Company Curran Business Park Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1648078
    Latitude
    47.6237636

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    FAQs

    What type of property is this?
    Restaurant - Prime Bellevue retail, transit-oriented.
    Where is this restaurant located?
    The property is located at 1525 132Nd Ave Bellevue, WA.
    What are key features of this property?
    This property features: Prime Bellevue retail space in the Spring District, adjacent to the BelRed light rail station.; Newly constructed Copal Building offers multiple ground floor retail suites ranging from 951 to 6,322 square feet.; Building features five total suites and 32 shared parking spaces.
    Request Owner's contact information
    1525 132Nd Ave Bellevue, WA 98005
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    Bellevue, WA 98005
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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
    1525 132Nd Ave Bellevue, WA 98005
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