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Northwest Hospital - Medical Arts Building

Off-Market

1530 North 115th Street, Seattle, WA 98133

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  • Property Type Office - Medical Office
  • Property Size 32,700 SF
  • Lot Size 2.3 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1974

Location

  • City Seattle, WA
  • Neighborhood Haller Lake
  • Zip Code 98133
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 May, 1991
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Seattle

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 Seattle Office Market

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

  • 2020 Avg. Asking Rent $41.40
  • 2020 Office Vacancy Rate 10.70%
  • 2020 Office Completions (SF) 2,507,003

Seattle Office Sales Trends

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

  • 2020 Avg. Price per SF $848.55
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 12
View more Seattle market trends

Tax

  • Base Tax $92,501
  • Current Tax $41,337
  • Market Value* $10,476,500
  • Assessed Value $10,476,500

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 Northwest Hospital - Medical Arts Building?

Northwest Hospital - Medical Arts Building totals 32,700 square feet.

When was this property built?

Northwest Hospital - Medical Arts Building was built in 1974.

When was Northwest Hospital - Medical Arts Building last sold?

Northwest Hospital - Medical Arts Building was last sold on 10 May, 1991.

What is the market value for Northwest Hospital - Medical Arts Building?

The market value* for Northwest Hospital - Medical Arts Building in 2022 was $10,476,500.
*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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