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Property profile & analytics
FOR LEASE
Office buildings
4030 Lake Washington Blvd NE Kirkland, WA 98033
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1450079
For Lease
$25 SF/Yr
4030 Lake Washington Blvd NE, Kirkland, WA 98033
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,820 SF
Lot
2.11 ac (91,894 SF)
Zoning code
PR 8.5
APN
172505-9303
UPID
US90-1450079
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
-
Norris Lutkewitte PLLC Accounting Firm Tax Preparation
-
Julia Broderson at Guaranteed Rate - NMLS #1859484 Loan Service Bank
-
Christian Zegers at Guaranteed Rate - NMLS #439217 Loan Service Bank
-
ExpertVoice Corporate Office
-
Kaizen Financial Advisors, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.67M
Owner & transaction history
Bcc Kirkland LLC · 6 yrs held
Bcc Kirkland LLC
since 2019
7 recorded transactions
Zoning & alternative use
PR 8.5 · Kirkland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kirkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirkland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$226 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$105,684
Tax year 2022
Assessed value
$13,426,000
Assessed 2022
Previous assessed
$13,426,000
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$6,892,000
Assessed improvement
$6,534,000
Land market value
$6,892,000
Improvement market value
$6,534,000
Total market value
$13,426,000
Applied tax rate
1,701.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Total area
42,820 SF
Lot
2.11 ac (91,894 SF)
Zoning code
PR 8.5
APN
172505-9303
UPID
US90-1450079
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PR 8.5 · Kirkland, WA
Zoning PR 8.5 · permitted uses
PR 8.5 · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kirkland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Lot
2.11 ac
Current owner
From public records · entity-resolved
Bcc Kirkland LLC
Entity
Mailing address
11980 NE 24TH ST STE #200, BELLEVUE, WA 98005-1516
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
—
Bcc Kirkland LLC
—
Deed
related
$37,000,000 · Prudential Insurance Of America
Sep 19, 2019
$47,750,000
Bcc Kirkland LLC
Realty Associates Fund Xi Portfolio
Bargain And Sale Deed
$29,250,000 · Vip Gp Ltd
May 27, 2016
—
The Realty Associates Fund Xi LP
—
Deed
related
$170,000,000 · Capital One Bank NA
Sep 30, 2015
$37,000,000
Realty Associates Fund Xi LP
Legacy Ptrs II Kirkland Crown
Grant Deed
—
Jun 19, 2013
—
Ptrs Crown Legacy II
—
Deed Of Trust
related
$31,156,000 · Cress 2008-1 Granto Tr #a (ct)
Jan 10, 2007
$35,863,500
Partners Cr Legacy II
Crown Pointe 124 LLC
Grant Deed
—
Jun 2, 2005
$19,407,500
Mrh Annex LLC
Crown Pointe Corp Center LLC
Warranty Deed
—
Jun 26, 2003
—
Crown Pointe Corporate Center
Crown Pointe Assoc
Quit Claim Deed
related
—
—
—
Legacy Ptrs II Kirkland Crown
—
Deed Of Trust
related
$28,273,776 · W Kcp Investors Vii LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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