Property Description

Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 5 Years Of balance Lease With 2% Annual Increase. Zoned BR-MO (Bel-Red Medical Office). The Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Two Lower Floor Suites Separate Entry Is Ideally Situated, Easy Access To All Amenities. With 30 Ground Ample Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.09% Cap Rate. Building Age is 1979 , Refurbish In 2013. Median Household Income Of $150,000 Within 5 Miles Radius. Exceptional Bellevue Medical Corridor Investment

Address Map
US
Washington
King
Bellevue
98004
116th Ave
1900
W123° 48' 53.9''
N47° 37' 37.9''
NE
Additional Information
Chris Soon
14998
1003031
4,526 Sqft
34,848 Sqft
Bellevue 116th Medical Co
32
Northwest Medical Building
Suburban Bellevue
2
98005
WA
Bellevue
40 Lake Bellevue Drive Ste 245

For Sale

1900 116th Ave, Bellevue, Washington 98004

10,084 Sqft
$3,788,000
Listing ID #667620
Basic Details
Property Type : Office
Listing Type : For Sale
Listing ID : 667620
Price : $3,788,000
Square Footage : 10,084 Sqft
Year Built : 1979
Status : Active
Office Name : TEC Real Estate, Inc.
Property Sub Type : Office
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
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