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    FOR LEASE
    Office buildings

    22500 SE 64Th Pl, Issaquah, WA 98027

    26,188 SF 0.49 ac lot Built 1999
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US90-0701835
    Property summary
    AI-generated overview

    Meadow Creek Office Park offers a diverse range of office spaces in a park-like setting, ideally situated in King County. This six-building complex provides a total of 83,648 square feet of office space, catering to various business needs. The property features flexible layouts, with spaces ranging from a minimum of 716 square feet to a maximum contiguous space of 1,852 square feet. Currently, 4,758 square feet of space is available for lease. The buildings are single-story structures, offering convenient access and ample free surface parking. The location boasts exceptional accessibility, with immediate access to I-90 and proximity to Costco Headquarters. A variety of amenities are within walking distance, including restaurants, retailers, grocers, and a hospital. The property is suitable for traditional, executive, medical, and creative office uses. The lease includes water, sewer, electricity, gas, and trash removal. Lease commission is structured as $1 per square foot per year for years one through five, and $0.50 per square foot per year for years six through ten. This is a fantastic opportunity for businesses seeking a convenient, amenity-rich location with flexible space options.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1999
    Construction WOOD
    Total area 26,188 SF
    Lot 0.49 ac (21,440 SF)
    Zoning code MU
    APN 541170-0050
    UPID US90-0701835
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.28M
    Owner & transaction history
    Rh Meadow Creek Associates LLC · 12 yrs held
    Rh Meadow Creek Associates LLC
    since 2013
    5 recorded transactions
    2023
    2013
    $6.0M
    1999
    1998
    1969
    Zoning & alternative use
    MU · Issaquah, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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