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Property profile & analytics
OFF-MARKET Estimated value $1,080,000
Life science properties

1208 Eastlake E Ave Seattle, WA 98102-3703

128,408 SF 0.75 ac lot Built 1999
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-1570006
Property summary
AI-generated overview

This exceptional 14,750 square foot office and flex space is located at 1208 Eastlake Avenue E in Seattle, Washington, within King County (zip code 98102). The property, built in 1999, boasts a total building size of 115,748 square feet and is zoned IC. This multi-tenant building offers a prime location at the intersection of South Lake Union and the Eastlake Life Science Campus, providing convenient access to downtown Seattle, Fremont, and the University District. Commuting is simplified with easy access to I-5, public transportation, and dedicated city bike lanes. The building features secure underground parking, enhancing the convenience and security for tenants. On-site amenities include bike racks and grab-and-go food options in the lobby, along with 24/7 security. Tenants will also enjoy proximity to a new cafe across the street (opening in Q4 2022). This versatile space is ideal for businesses seeking a modern, well-connected, and amenity-rich office environment in a thriving Seattle neighborhood. The available space presents a unique opportunity to establish a presence in a dynamic and rapidly growing area. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1999
Construction CONCRETE
Total area 128,408 SF
Lot 0.75 ac (32,797 SF)
Zoning code IC-65 (M)
APN 216390-1160
UPID US90-1570006
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dendreon Factory Production Facility
  • 1208 Eastlake Ave Garage - Park Seattle Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.08M
Owner & transaction history
Slu-1208 Eastlake LLC · 5 yrs held
Slu-1208 Eastlake LLC
since 2020
7 recorded transactions
2020
Price N/A
2016
Price N/A
2009
Price N/A
2004
Price N/A
2002
$17,270
1994
$325,000
1969
Price N/A
Zoning & alternative use
IC-65 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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