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Newport Corporate Center - Five Newport
12920 SE 38th Street, Bellevue, WA 98006
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- Property Type Office - General Office
- Property Size 283,174 SF
- Lot Size 5.18 Acre
- Parking Spaces Avail. 991
- Parking Ratio 3.50/ 1,000 SF
- Property Tenancy Single Tenant
- LEED Certified Gold
- Building Class A
- Year Built 2000
- City Bellevue, WA
- Neighborhood Factoria
- Zip Code 98006
- Market Seattle
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
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
- Property Tax in 2022 $937,768
- Market Value* $114,355,000
- Assessed Value $114,355,000
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 Newport Corporate Center - Five Newport?
Newport Corporate Center - Five Newport totals 283,174 square feet.
When was this property built?
Newport Corporate Center - Five Newport was built in 2000.
When was Newport Corporate Center - Five Newport last sold?
Newport Corporate Center - Five Newport was last sold on 15 Apr, 2019.
What is the property tax for Newport Corporate Center - Five Newport?
The property tax for Newport Corporate Center - Five Newport in 2022 was $937,768.
What is the market value for Newport Corporate Center - Five Newport?
The market value* for Newport Corporate Center - Five Newport in 2022 was $114,355,000.
*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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