12600 38Th St, Bellevue, WA 98006
This exceptional 1,905-square-foot traditional office suite, located within the Sterling Campus, presents a fantastic opportunity for a single tenant. The space boasts a well-designed layout including a reception area, four private offices, a kitchenette, dedicated server/storage space, and open cubicle areas, perfect for a variety of business needs. A sublease is available with a master lease expiration date of December 31st, 2030, and the space can be occupied within 30 days' notice. The fully serviced suite is offered at a competitive rate of $35.00 per square foot per year. The Sterling Campus enjoys a highly desirable location at the intersection of I-90 and I-405, providing superior freeway access and significantly reducing commute times. The property offers an above-average parking ratio of four stalls per 1,000 square feet. Employees will appreciate the convenient proximity to a wide array of amenities, including approximately 20 restaurants, banks, retail shops, hotels, and a movie theater. Commuting is a breeze, with downtown Bellevue just five minutes away, Seattle ten minutes away, and Sea-Tac Airport a short seventeen-minute drive. This is a rare opportunity to secure a well-appointed, conveniently located office space in a thriving area. Don't miss out!
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
O · Bellevue, WABellevue. Always verify with local authorities before improvements.
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.