$3,788,000
Northwest Medical Building
Listing Type: For Sale
Property Type: Office
Status: Available
CBA ID#: 667620
1900 - 100101 116th Ave NE Suite Bellevue 116th Medical Co
Bellevue, WA 98004

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Commercial Property

Marketing 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

Land Features:

  • Lot Size: 34848 SqFt
  • Lot Acreage: 0.8 Acres
  • Zoning: BR-MO
  • Total Parking: 32
  • Uncovered Parking: 32

Building Features:

  • Building Size: 10084 SqFt
  • Available Space: 4526 SqFt
  • Number of Floors: 2
  • Cap Rate: 0.00%
  • Year Built: 1979
This Listing Supplied Courtesy of TEC Real Estate, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity