- For Sale $18,000,000
- Property Type Office - Medical Office
- Property Size 32,329 SF
- Lot Size 1.44 Acre
- Cap Rate % 5
- Zoning MUR-M
- # of Floors 3
- Parking Spaces Avail. 119
- Parking Ratio 3.68 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1980
- Year Renovated 2022
- Date Updated May 6, 2026
Description
Fully leased 3-story medical/office asset in Bellevue featuring long-term tenancy, recent upgrades, and strong in-place income. Prime Eastside location near Downtown Bellevue and Overlake Medical Center with MUR-M zoning offering future redevelopment potential.
* 100% leased with long-term, stable tenancy
* Strong in-place income with minimal near-term rollover
* Recently renovated (2020–2022) with modernized common areas
* Medical/office tenant mix with established occupancy
* Prime Bellevue location near Downtown & Overlake Medical Center
* High-demand Eastside submarket with low vacancy
* 119 parking stalls (4.4/1,000 RSF)
* MUR-M zoning provides future redevelopment upside
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Contacts
Leibsohn & Company
Leibsohn & Company
Leibsohn & Company