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Newport Corporate Center - Two Newport
Off-Market
3625 132nd Avenue SE, Bellevue, WA 98006
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 165,320 SF
- Lot Size 1.6 Acre
- Parking Spaces Avail. 578
- Parking Ratio 3.50/ 1,000 SF
- Property Tenancy Single Tenant
- LEED Certified Gold
- Building Class A
- Year Built 2009
False
Location
- City Bellevue, WA
- Neighborhood Factoria
- Zip Code 98006
- Market Seattle
Contacts
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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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
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.
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
Tax
- Property Tax in 2022 $547,474
- Market Value* $66,761,000
- Assessed Value $66,761,000
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 - Two Newport?
Newport Corporate Center - Two Newport totals 165,320 square feet.
When was this property built?
Newport Corporate Center - Two Newport was built in 2009.
When was Newport Corporate Center - Two Newport last sold?
Newport Corporate Center - Two Newport was last sold on 15 Apr, 2019.
What is the property tax for Newport Corporate Center - Two Newport?
The property tax for Newport Corporate Center - Two Newport in 2022 was $547,474.
What is the market value for Newport Corporate Center - Two Newport?
The market value* for Newport Corporate Center - Two Newport in 2022 was $66,761,000.
*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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
