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
1/16
null | Request Cap Rate

7981 168th Ave NE
Redmond, WA 98052
Downtown Redmond


HIGHLIGHTS

  • Opportunity to acquire the buildings as an owner/user investment property in Central Redmond, with high value-add potential.
  • The property offers abundant free surface parking at 4 stalls per 1,000 SF.
  • Well-maintained two-story wood frame structure with multi-tenant options and a great mix of private offices and open work space.
  • Located near Downtown Redmond with convenient access to all downtown locations.

OVERVIEW

Lee & Associates, as exclusive advisor, is pleased to represent the sale of Redmond Office Center, Buildings 4. This office building is two-stories and consist of approximately 9,000 SF. The zoning, Anderson Park (AP), permits a wide variety of users including office and medical. The Building is multi-tenanted with Building 4 containing 26 tenants, styled as executive suites. This offering presents the opportunity for owner/user investors. Owner/users may 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 Redmond Office Center is an easy walk from the myriad of restaurants and shops of downtown Redmond.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 4

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

13

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.