18005 Northeast 68Th St, Redmond, WA 98052
For Lease
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This exceptional 5,432 square-foot flex office/warehouse space in Redmond, WA's Park East Business Park, Building A, is available now as a short-term sublease, expiring October 31, 2025. The property boasts a desirable corner location with an attractive facade and a functional floor plan ideal for a variety of businesses. The space includes a ground-level roll-up door, separate bathrooms, a kitchenette, a conference room, and a reception area. The interior features five private offices, four semi-private offices, high ceilings, and abundant natural light. Ample parking is available for tenants and visitors. The property enjoys easy access to major transportation routes, providing convenient commutes. The current base rate is $20.80 per square foot annually, triple net ($9,415.47 monthly NNN). This single-tenant industrial property in King County offers a unique opportunity to lease in a vibrant location near Microsoft headquarters, Marymoor Park, and Redmond Town Center, providing access to a thriving blend of tech innovation, outdoor recreation, and urban amenities. Professional property management and maintenance are provided. This short-term sublease presents a compelling opportunity to establish a presence in a prime Redmond location.
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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 2022Comparables
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
MP · Redmond, WARedmond. 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.