Wilburton Central Office FOR SALE


Bellevue, WA - Bel-Red
$35,000,000 USD
425-466-8567
, Bellevue, WA for Sale
$35,000,000 USD
Office - FOR SALE
1/7
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Wilburton Central
Bellevue, WA
Bel-Red


HIGHLIGHTS

  • Rare Large Urban Infill Site
  • Cash Flowing Institutional Quality Medical Office Covered Land
  • MU-H Zoning with Material Density Upside
  • Transit-Oriented Redevelopment Thesis

OVERVIEW

Cushman & Wakefield is pleased to present Wilburton Central, an institutional-grade covered land opportunity located along 116th Avenue NE within Bellevue’s Wilburton district—one of the City’s most transformative and capitalized urban growth corridors. The offering comprises two strategically positioned parcels that provide buyers with immediate in-place income from fully leased institutionally owned medical office buildings, while preserving the zoning certainty, density profile, and transit orientation required for high-density residential and mixed-use redevelopment. The combination of land area, zoning, light rail transit proximity, and covered land economics creates a compelling risk-adjusted investment with multiple execution paths for the three parcels. Branded collectively as Wilburton Central, the (“property”) offers a rare ability to control premier mixed-use high-rise (MU-H) land today while maintaining flexibility around timing, phasing, and ultimate execution strategy. This Property is being offered on an “as-is” basis for the fee simple interest in the building and land thereunder. Ownership will not consider offers that close upon entitlement.

ASK ABOUT THIS PROPERTY

Patrick MutzelCushman & WakefieldMore Info
425-466-8567

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Patrick MutzelCushman & WakefieldMore Info
425-466-8567

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