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Property profile & analytics
FOR LEASE
Medical Office Space

6610 NE 181St St Kenmore, WA 98028

5,981 SF 0.42 ac lot Built 1975
Entity Owned 8-yr Hold Free & Clear
Property ID
US90-1090289
6610 NE 181St St, Kenmore, WA 98028 For Lease
Contact for pricing 1,575 SF available
6610 NE 181St St, Kenmore, WA 98028
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Property summary
AI-generated overview

This exceptional office property, Kenmore Village Square, offers a unique opportunity for businesses seeking flexible and conveniently located space. The single-story, 6,125 square foot building is situated on a 0.42-acre lot in the heart of downtown Kenmore, just two blocks from the shores of Lake Washington. The building features a total of 17 parking spaces, making it convenient for employees and clients. The property is classified as a Class B building and was constructed in 1975. Currently, there are multiple tenants, with available suites ranging from 1,080 to 3,250 square feet, ideal for a variety of medical or professional office uses. Its central location offers easy access to amenities and is a short distance from public transportation, benefiting from the ongoing development and growth in downtown Kenmore. Qualified tenants may be eligible for a rent abatement incentive on initial lease terms (restrictions apply). This is a fantastic opportunity to establish a presence in a thriving and desirable location. The property boasts a single building with no elevators. The property is located in King County.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,981 SF
Lot 0.42 ac (18,360 SF)
Zoning code DC
APN 618170-0496
UPID US90-1090289
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
$840k
Owner & transaction history
Kenmore Village Square LLC · 8 yrs held
Kenmore Village Square LLC
since 2017
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
$925,000
2013
Price N/A
2013
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
DC · Kenmore, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment

Zone name Downtown Commercial
General category COMMERCIAL
Zone area 40.96 ac
Source Realmo
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