14205 SE 36th St - Office/Residential FOR SALE


Bellevue, WA 98006- Eastgate
$15,425,000 USD
206-584-6195
14205 SE 36th St, Bellevue, WA for Sale
$15,425,000 USD
Office/Residential - FOR SALE
1/12
null | 6.75% Cap Rate

14205 SE 36th St
Bellevue, WA 98006
Eastgate


HIGHLIGHTS

  • EXCEPTIONAL OCCUPANCY & RETENTION
  • ANCHOR TENANT COMMITMENT
  • INFLATION-HEDGED LEASES
  • PREMIER CONNECTIVITY
  • PROXIMITY TO TALENT & AMENITIES
  • SUPPLY-CONSTRAINED SUBMARKET

OVERVIEW

The 14205 Building presents a premier investment opportunity to acquire a high-image, fully stabilized office asset in the heart of Bellevue’s desirable I-90 corridor. Comprising 41,577 rentable square feet, the property is 100% occupied by a diverse mix of seven professional and medical tenants, providing immediate and dependable cash flow. With a staggered lease expiration schedule and a core anchor tenant recently extended through 2033, the asset offers rare income durability in one of the Pacific Northwest’s most resilient submarkets. The property has benefited from recent capital improvements designed to minimize near-term expenditure and preserve its competitive Class A suburban feel. Situated at the strategic junction of I-90 and I-405, the building serves as a mission-critical location for tenants seeking proximity to both the Seattle and Bellevue central business districts while offering the convenience and accessibility of the Eastgate area.

FOR SALE DETAILS

PRICE

$15,425,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14205 Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.17 AC

LAND SF

94,525 SF

ZONING

OLB2

APN/PARCEL ID

102405-9084

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

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RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.