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The Summit I
Off-Market
355 110th 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 240,898 SF
- Lot Size 2.46 Acre
- Parking Spaces Avail. 698
- Parking Ratio 2.90/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified Gold
- Building Class A
- Year Built 2002
False
Location
- City Bellevue, WA
- Neighborhood Downtown Bellevue
- Zip Code 98004
- 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 $5,921,728
- Market Value* $722,118,000
- Assessed Value $722,118,000
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 The Summit I?
The Summit I totals 240,898 square feet.
When was this property built?
The Summit I was built in 2002.
When was The Summit I last sold?
The Summit I was last sold on 23 Dec, 2019.
What is the property tax for The Summit I?
The property tax for The Summit I in 2022 was $5,921,728.
What is the market value for The Summit I?
The market value* for The Summit I in 2022 was $722,118,000.
*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.
