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    FOR LEASE
    Office buildings

    12600 38Th St, Bellevue, WA 98006

    57,000 SF 3.38 ac lot Built 1980
    Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-1603065
    No photos on file
    For Lease
    $4,973/Mo 1,530 SF available
    12600 38Th St, Bellevue, WA 98006
    View Listing →
    Property summary
    AI-generated overview

    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!

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 57,000 SF
    Lot 3.38 ac (147,301 SF)
    Zoning code O
    APN 092405-9055
    UPID US90-1603065
    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
    • Jacqueline Bunce, DDS, MS Dental Office
    • Bellevue Oral, Facial, & Implant Surgery Dental Office
    • Dr. Martin A. Fernunson, DDS Dental Office
    • Factoria Pediatric Dentistry Dental Office
    • Yun Jimmy S DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $11.58M
    Owner & transaction history
    Sterling Realty Org Co · 27 yrs held
    Sterling Realty Org Co
    since 1998
    7 recorded transactions
    2012
    2002
    1998
    1996
    1996
    $5.3M
    1996
    1969
    Zoning & alternative use
    O · Bellevue, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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