12503 Bel-Red Rd Bellevue, WA 98005
This exceptional office space at Forum South in King County offers 4,080 square feet of versatile commercial space, perfect for a variety of businesses. Currently available as a single unit, the space can be easily divided into approximately 1,000 square foot and 2,000 square foot sections, providing flexibility to suit your specific needs. The property boasts convenient direct exterior access, eliminating the need for navigating complex building interiors. Ample parking is available, with a 4:1,000 square foot parking stall ratio. Enjoy unparalleled accessibility, with easy access to major transportation arteries such as SR-405 and SR-520, ensuring seamless commutes for your employees and clients. The location is highly desirable, placing you in close proximity to major employers like Microsoft, the vibrant Downtown Bellevue area, the burgeoning Spring District, and convenient light rail stations, offering excellent connectivity and a thriving business environment. This is a prime opportunity to secure a well-located, adaptable office space in a highly sought-after area. The space is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.