11711 8Th StBellevue, WA 98005

Property Details for 11711 8Th St

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.82 AC

Property size (Sq ft)

37,130 SF

Zone code

OLB

Property type

Office properties

Property subtype

Office buildings

APN

066287-0030

APU

662870030

Description

This well-maintained, three-story brick office building offers multiple tenancy options in a desirable suburban Bellevue location. The property boasts a total of 34,703 square feet, with 2,527 square feet currently vacant and available for lease. Two spaces are immediately available, ranging in size from 2,935 to 5,514 square feet, providing flexibility for various business needs. The building features ample free parking, with a ratio of 3 spaces per 1,000 square feet, ensuring convenient access for employees and clients. Its prime location provides immediate access to the 405 freeway, offering excellent connectivity throughout the greater Seattle area. The building's traditional office design provides a professional and comfortable work environment. This boutique-style building presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving suburban setting. The building is located in King County, Washington. The available spaces offer a chance to establish a presence in a highly accessible and desirable area. Contact us today to learn more about leasing opportunities and explore the possibilities of making this exceptional office space your new home.

• CAP approach

  CAP return

  Valuation

  6%

  $8,159,564

  6.5%

  $7,531,906

  7%

  $6,993,912

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,624,402

  Geo Method

  $7,150,496

• Alternative Use

  Use

  Valuation

  Residential

  $9,339,563

  Hospitality

  $8,554,989

  Educational

  $7,117,650

  Medical

  $7,362,438

  Retail

  $11,071,901

Location Insight

City

Bellevue

County

King

State

Washington

Latitude

47.6017

Longitude

-122.186

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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