11855 Bel-Red Rd Bellevue, WA 98005
This exceptional 6,770 square foot commercial property presents a rare owner-user or lease opportunity in Bellevue, Washington. Situated at the high-traffic corner of 120th and NE 8th Street, this single-tenant building boasts prominent signage and unparalleled visibility. Its strategic location offers easy access to major transportation arteries, including I-405 and SR-520, and is conveniently located near the Spring District light rail station. The property sits on a substantial 26,572 square foot lot, zoned GC (General Commercial) within King County. Currently configured as a high-end auto showroom, the versatile space is adaptable to a wide range of retail uses. The building's prominent placement across from Auto Nation ensures high traffic and excellent brand exposure. Its proximity to numerous restaurants and other amenities further enhances its appeal. This is a unique opportunity to acquire a well-positioned commercial property in a thriving Bellevue location. The entire 6,770 square feet is currently vacant, providing immediate occupancy for a new tenant or owner-user. The property's size and location make it ideal for a variety of businesses seeking high visibility and convenient access to major transportation routes and amenities. This is a truly exceptional opportunity in a prime Bellevue location.
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
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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.