1705 132nd Avenue NE, Bellevue, WA

Property Type Office - General Office
Property Size 29,171 SF
Lot Size 2.35 Acre
Parking Spaces Avail. 43
Parking Ratio 1.50/ 1,000 SF
Property Tenancy Owner Occupied
Building Class B
Year Built 1977

Location

Map
Street

City Bellevue, WA
Neighborhood Wilburton
Zip Code 98005
Market Seattle

Contacts

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Owner

True Owner

Brokers

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Documents

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Sales

Purchase Date 30 May, 2006
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in Bellevue

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Bellevue Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $43.10
2020 Office Vacancy Rate 6.11%
2020 Office Completions (SF) 1,118,967

Bellevue Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $764.79
2020 Office Sales Volume $1.3B
2020 Number of Transactions 8

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Tax

Property Tax in 2022 $79,813
Market Value* $9,732,700
Assessed Value $9,732,700

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1705 132nd Avenue NE?

1705 132nd Avenue NE totals 29,171 square feet.

When was this property built?

1705 132nd Avenue NE was built in 1977.

When was 1705 132nd Avenue NE last sold?

1705 132nd Avenue NE was last sold on 30 May, 2006.

What is the property tax for 1705 132nd Avenue NE?

The property tax for 1705 132nd Avenue NE in 2022 was $79,813.

What is the market value for 1705 132nd Avenue NE?

The market value* for 1705 132nd Avenue NE in 2022 was $9,732,700.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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