Contact Property

1001 Office Towers

Off-Market

1001 106th Avenue NE, Bellevue, WA 98004

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 550,570 SF
  • Lot Size 2.62 Acre
  • Parking Spaces Avail. 1442
  • Parking Ratio 2.62/ 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Proposed Certified Silver
  • Building Class A
  • Year Built 2022

Location

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

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • 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
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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

  • Property Tax in 2022 $2,119,255
  • Market Value* $258,430,000
  • Assessed Value $258,430,000

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 1001 Office Towers?

1001 Office Towers totals 550,570 square feet.

When was this property built?

1001 Office Towers was built in 2022.

What is the property tax for 1001 Office Towers?

The property tax for 1001 Office Towers in 2022 was $2,119,255.

What is the market value for 1001 Office Towers?

The market value* for 1001 Office Towers in 2022 was $258,430,000.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.