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2380 116th Avenue NE

Off-Market

2380 116th Avenue NE, Bellevue, WA 98004

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 31,245 SF
  • Lot Size 1.45 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1985

Location

  • City Bellevue, WA
  • Neighborhood Wilburton
  • Zip Code 98004
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 Jan, 2013
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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
View more Bellevue market trends

Tax

  • Base Tax $56,838
  • Market Value* $6,931,000
  • Assessed Value $6,931,000

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 2380 116th Avenue NE?

2380 116th Avenue NE totals 31,245 square feet.

When was this property built?

2380 116th Avenue NE was built in 1985.

When was 2380 116th Avenue NE last sold?

2380 116th Avenue NE was last sold on 10 Jan, 2013.

What is the market value for 2380 116th Avenue NE?

The market value* for 2380 116th Avenue NE in 2022 was $6,931,000.
*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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