Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 6 Years Of 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
Property Description
Listing courtesy of
TEC Real Estate Inc.
Features
: Composition
: 30
: Unfurnished
: High Efficiency - 90%+, Wall To Wall Carpet, Double Pane/storm Window, Dining Room
: Wood
: Wall
: Sewer Connected, Natural Gas Connected
: Ceramic Tile, Laminate, Carpet
: Natural Gas
: See Remarks
: Closing, See Remarks
: Level
: Good
: Business, See Remarks, Office
: Cash Out, Conventional
: Natural Gas
: Sewer Connected
Address Map
US
WA
King
Bellevue
98004
116th
1900
0
W123° 48' 53.9''
N47° 37' 37.9''
100/1
Avenue
0
i-405 N, Exit 13-A/13-B For NE 4th Street, Right On Fork Merge Onto Ne 4th Street, Turn left ( North) On 116th Avenue NE, Northwest Medical Building On Right. Entry To Suite 100 & 101 Building Rear
Taxes
2021
$24,024
Additional Information
Chris K. Soon
$0
$3,547
Monthly
1200835
NWM5085
02/02/2022 20:29:10
: Public
: City Of Bellevue
100 & 101
1
: Disabled Access, Sprinklered, Elevator, Signage Included, Storage
34842
520 - Bellevue/West Of
0
Active
NWM31400
0 Bedrooms
0 Bathrooms
0 Sqft
Visits : 108 in 1680 days
$3,695,950
Listing ID #NWM1768708
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NWM1768708
Price : $3,695,950
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1979
Lot Area : 0.80 Sqft
Structure Type : Unspecified
Status : Active
Total Bathrooms : 0
Community : Downtown
Property Sub Type : Commercial Industrial
