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The Summit III
320 108th Avenue NE, Bellevue, WA 98004
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- Property Type Office - General Office
- Property Size 372,118 SF
- Lot Size 1.04 Acre
- Parking Spaces Avail. 658
- Parking Ratio 1.77/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified Gold
- Building Class A
- Year Built 2020
- City Bellevue, WA
- Neighborhood Downtown Bellevue
- Zip Code 98004
- 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 $2,250,865
- Market Value* $274,479,000
- Assessed Value $274,479,000
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 III?
The Summit III totals 372,118 square feet.
When was this property built?
The Summit III was built in 2020.
When was The Summit III last sold?
The Summit III was last sold on 20 Dec, 2019.
What is the property tax for The Summit III?
The property tax for The Summit III in 2022 was $2,250,865.
What is the market value for The Summit III?
The market value* for The Summit III in 2022 was $274,479,000.
*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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