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Microsoft North Campus - Building 122


15120 NE 40th Street, Redmond, WA 98052

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  • Property Type Office - General Office
  • Property Size 211,972 SF
  • Lot Size 4.09 Acre
  • Parking Spaces Avail. 720
  • Parking Ratio 3.40/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1995


  • Walk Score ® Somewhat Walkable (55)
  • Transit Score ® Good Transit (54)
  • Bike Score ® Very Bikeable (71)
Powered by Walk Score ®
  • City Redmond, WA
  • Neighborhood Overlake
  • Zip Code 98052
  • Market Seattle

Points of Interest

119th Pl NE & NE 144th Pl

6.31 miles

University of Washington

7.66 miles

University of Washington

7.69 miles

University of Washington

7.70 miles

University of Washington

7.70 miles

University of Washington

7.70 miles

University of Washington

7.70 miles

U District

8.23 miles


8.52 miles

Capitol Hill

8.67 miles


0.36 miles


0.60 miles


1.04 miles


1.04 miles


1.28 miles


1.39 miles


1.46 miles

Safeway Fuel Station

1.68 miles


1.83 miles


1.87 miles

Microsoft Studio A,B,C,D Underground Parking

0.11 miles

Building 99 Parking Garage

0.35 miles

PRO Club Parking

0.49 miles

Building 37 Garage

0.86 miles

Lot D

1.29 miles

Lot C

1.37 miles

Lot C

1.41 miles

Lot K

1.49 miles

Lot B

1.56 miles

Lot G

1.59 miles


0.77 miles


0.77 miles

Sonesta Select Seattle Bellevue Redmond

0.87 miles

Extended Stay America - Seattle - Redmond

0.91 miles

Fairfield Inn & Suites

0.91 miles

Residence Inn Seattle Bellevue

0.95 miles

Redmond Marriott Town Center

1.86 miles

Hyatt House - Redmond

1.90 miles

Residence Inn Seattle East/Redmond

1.92 miles

Hilton Garden Inn

2.08 miles

Microsoft Cafe 121

0.11 miles

The Boardwalk

0.18 miles

Microsoft Cafe H

0.24 miles

Microsoft Cafe 50

0.25 miles

Microsoft Cafe 83

0.29 miles

Microsoft Cafe 99

0.32 miles

Microsoft Cafe 25

0.37 miles

Microsoft Cafe 86

0.42 miles

Microsoft Cafe 112

0.43 miles

PRO Club Bistro

0.44 miles

Cascadia Montessori School

0.61 miles

Eton School

0.96 miles

Spectrum Academy

0.98 miles

Eton Veladare Academy

1.02 miles

Bellevue Children's Academy

1.03 miles

Benjamin Rush Elementary School

1.03 miles

Ardmore Elementary School

1.11 miles

Marymoor Montessori School

1.11 miles

Bel-Red Bilingual Academy

1.34 miles

Interlake High School

1.37 miles

Bright Horizons

0.61 miles

Overlake KinderCare

1.23 miles

America's Montesorri

1.24 miles

Living Montessori

1.40 miles

Rose Hill Montessori Preschool

1.69 miles

Montessori International School of Bellevue

2.09 miles


2.22 miles

La Petite Academy

2.35 miles

Megumi Pre-school

2.47 miles

Bellevue Overlake Cooperative Preschool

2.47 miles


Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.


  • True Owner
  • Registered Owner


Suite Name Tenant Leased
Rent Price Lease
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
370 17th Street
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
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  • Purchase Date 16 Nov, 2006
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Redmond

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Total Rent
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Lease Spread
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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


  • Property Tax in 2022 $476,978
  • Market Value* $55,562,000
  • Assessed Value $55,562,000

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 Microsoft North Campus - Building 122?

Microsoft North Campus - Building 122 totals 211,972 square feet.

When was this property built?

Microsoft North Campus - Building 122 was built in 1995.

When was Microsoft North Campus - Building 122 last sold?

Microsoft North Campus - Building 122 was last sold on 16 Nov, 2006.

What is the property tax for Microsoft North Campus - Building 122?

The property tax for Microsoft North Campus - Building 122 in 2022 was $476,978.

What is the market value for Microsoft North Campus - Building 122?

The market value* for Microsoft North Campus - Building 122 in 2022 was $55,562,000.
*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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