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Property profile & analytics
OFF-MARKET Estimated value $3,275,000
Medical Office Space

13030 121st NE Way Kirkland, WA 98034-3008

20,510 SF 1.43 ac lot Built 1986
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US90-1606631
Property summary
AI-generated overview

This exceptional 1,968 square foot medical office suite, located in King County's thriving healthcare district, presents a fantastic opportunity. Situated within Evergreen Medical Center, Suite 102 offers a prime location for medical or general office practices. The space is available for lease at a rate of $40 per square foot, with a triple net (NNN) expense of $11.23. The building boasts convenient amenities including ample surface parking with approximately 101 stalls, providing a generous parking ratio of 5 spaces per 1,000 square feet. Elevator service ensures easy access to all floors. This property benefits from its strategic location in the heart of a premier Eastside hospital and healthcare hub, offering excellent visibility and accessibility. Its proximity to The Village at Totem Lake provides employees and clients with convenient access to shopping, dining, and other amenities. Furthermore, the building enjoys excellent freeway access, facilitating seamless commutes for staff and clients alike. This is an ideal space for a practice seeking a well-appointed, conveniently located office in a vibrant medical community. One space is currently available.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction WOOD
Total area 20,510 SF
Lot 1.43 ac (62,489 SF)
Zoning code TL 1B
APN 329140-0030
UPID US90-1606631
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
  • Parish Ruth Ann MD Physician
  • Dr. Dana Oren, MD Pediatrician Medical Clinic
  • Kathryn L Ponto, MD PLLC Physician
  • Northshore Public Health Center at Totem Lake Community Health Centre Health Care Facility
  • Vinh Chung Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.18M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.28M
Owner & transaction history
Apex Investment Group LLP · 12 yrs held
Apex Investment Group LLP
since 2013
7 recorded transactions
2017
Price N/A
2013
$6.1M
1998
$4.2M
1998
$1.8M
1995
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TL 1B · Kirkland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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