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Northup Place Medical Dental Building 15419 NE 20th St 12,929 SF 100% Leased Office Building Bellevue, WA 98007 $10,450,000 ($808.26/SF) 3.49% Cap Rate
EXECUTIVE SUMMARY
Purchase a fully occupied well maintained Dental / Medical building with six suites and modern upgrades, ADA access with elevator. Sufficient parking with 18 covered ,Outstanding frontage, quality and visibility. Excellent location – close to downtown Bellevue, Redmond, Kirkland , crossroads shopping corridor and the Microsoft Campus.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,929 SF
Building Class
B
Year Built
1991
Price
$10,450,000
Price Per SF
$808.26
Cap Rate
3.49%
NOI
$364,789
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,500 SF
Building FAR
0.34
Lot Size
0.87 AC
Zoning
O, Bellevue - Dental/ Medical
Parking
49 Spaces (4.11 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 262505-9037 | Improvements Assessment | $2,796,300 |
| Land Assessment | $2,992,800 | Total Assessment | $5,789,100 |
PROPERTY TAXES
Parcel Number
262505-9037
Land Assessment
$2,992,800
Improvements Assessment
$2,796,300
Total Assessment
$5,789,100
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Northup Place Medical Dental Building | 15419 NE 20th St
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