7981 168th Ave NE - Office FOR SALE


Redmond, WA 98052- Downtown Redmond
$4,750,000 USD
425-947-5730
7981 168th Ave NE, Redmond, WA for Sale
$4,750,000 USD
Office - FOR SALE
1/17
null | Request Cap Rate

7981 168th Ave NE
Redmond, WA 98052
Downtown Redmond


HIGHLIGHTS

  • Redmond Office Center - Building 4 presents an excellent opportunity to own a multi-tenant 9,000-square-foot medical and office building.
  • Nearby amenities include Starbucks, Panera Bread, The UPS Store, 24 Hour Fitness, Safeway, World Market, and Emerald City Smoothie.
  • Beautiful green landscaping and foliage engulf the property, providing a vibrant and shaded space for tenants and visitors to park.
  • Ideal Downtown Redmond position near Seattle and Bellevue, with a quick connection on State Route 520 and Interstates 405 and 90.

OVERVIEW

Lee & Associates, as exclusive advisor, is pleased to represent the sale of Redmond Office Center - Building 4 at 7981 168th Avenue NE. This two-story multi-tenant office building consists of approximately 9,000 square feet. The zoning, Anderson Park (AP), permits a wide variety of uses, including office and medical. Building 4 is home to 26 tenants in spaces styled as executive suites. The well-maintained complex has ample free parking and beautifully landscaped grounds. This offering allows an owner/user investor to acquire the building and enjoy cash flow with occupancy. Located across from Redmond Elementary School on a tree-lined street just off Redmond's main arterial, the complex is adjacent to the best of Downtown Redmond. A myriad of restaurants, entertainment, and retail options surround the property at the Bella Bottega Shopping Center, Redmond Center, and Redmond Town Center. Redmond Office Center has direct access to State Route 520, which connects to Interstate 405, a major thoroughfare granting access to the Bellevue and Seattle areas. This superb office destination allows businesses to be just 10 minutes from the tech giants Microsoft and Nintendo of America, Redmond's two most notable headquarters.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 4 - Redmond Office Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

AP

APN/PARCEL ID

720220-0040

ASK ABOUT THIS PROPERTY

Troy GesselLee & Associates Commercial Real Estate ServicesMore Info
425-947-5730

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Troy GesselLee & Associates Commercial Real Estate ServicesMore Info
425-947-5730

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