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11109 Slater Ave NE Kirkland, WA 98033

Office buildings Google Maps
33,486 SF 1.31 ac lot Built 2001
Individually Owned ~ Est. High Equity
No photos on file
For Sale
$11,000,000 33,486 SF
11109 Slater Ave NE, Kirkland, WA 98033
View Listing →
Estimated value (blended)
$5.86M
Range $5.27M – $6.44M (±10%)
Property ID US90-0984904

Property summary

AI-generated overview

This exceptional commercial office building, situated at 11109 Slater Avenue NE in Kirkland, WA, presents a unique investment opportunity. Priced at $12,000,000, the property boasts a highly desirable location just off Interstate 405, ensuring unparalleled visibility and accessibility. The building's prominent placement and signage offer significant exposure to a large volume of daily traffic, making it ideal for businesses seeking maximum brand awareness. The building itself features expansive windows throughout, allowing for abundant natural light to flood the interior spaces, creating a bright and welcoming atmosphere. Convenient covered parking is available in an on-site garage, providing secure parking for tenants and employees. Beyond the covered parking, there is also a substantial amount of uncovered parking surrounding the building, ensuring ample space for all. This property represents a rare chance to acquire a well-positioned, high-profile commercial building in a thriving Kirkland market. The combination of excellent location, ample parking, and impressive visibility makes this an exceptional investment opportunity. The building's design and features are well-suited for a variety of commercial uses, offering flexibility for potential buyers. The property is ready for immediate occupancy and presents a strong potential for immediate return on investment. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Construction STEEL FRAME
Total area 33,486 SF
Lot 1.31 ac (57,216 SF)
Zoning code NRH 2
APN 389310-0992
UPID US90-0984904

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.86M

Owner & transaction history

since 2025
7 recorded transactions
2025
$10.2M
2017
Price N/A
2013
$4.3M
2008
$6.3M
2004
Price N/A
2002
$1.1M
2001
Price N/A

Zoning & alternative use

NRH 2 · Kirkland, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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