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8950 154th Avenue NE

Off-Market

8950 154th Avenue NE, Redmond, WA 98052

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 82,265 SF
  • Lot Size 3.81 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1979

Location

  • City Redmond, WA
  • Neighborhood Sammamish Valley
  • Zip Code 98052
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 16 Nov, 2004
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Redmond

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Redmond Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.28
  • 2020 Office Vacancy Rate 5.99%
  • 2020 Office Completions (SF)

Redmond Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $436.84
  • Y-o-Y Avg. PpSF Change 40.06%
  • 2020 Office Sales Volume $285M
  • 2020 Number of Transactions 3
View more Redmond market trends

Tax

  • Property Tax in 2022 $106,822
  • Market Value* $12,443,500
  • Assessed Value $12,443,500

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 8950 154th Avenue NE?

8950 154th Avenue NE totals 82,265 square feet.

When was this property built?

8950 154th Avenue NE was built in 1979.

When was 8950 154th Avenue NE last sold?

8950 154th Avenue NE was last sold on 16 Nov, 2004.

What is the property tax for 8950 154th Avenue NE?

The property tax for 8950 154th Avenue NE in 2022 was $106,822.

What is the market value for 8950 154th Avenue NE?

The market value* for 8950 154th Avenue NE in 2022 was $12,443,500.
*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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