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Northup Place Medical Dental Building 15419 NE 20th St 12,929 SF 100% Leased Office Building Bellevue, WA 98007 $8,950,000 ($692.24/SF) 4.09% Cap Rate



Executive Summary
Bellevue fully occupied well maintained dental /medical office building with six suites and modern upgrades, ADA access with elevator. Abundant parking and many 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 or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,929 SF
Building Class
B
Year Built
1991
Price
$8,950,000
Price Per SF
$692.24
Cap Rate
4.09%
NOI
$366,300
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)
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Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 262505-9037 | Improvements Assessment | $2,753,900 |
| Land Assessment | $3,179,900 | Total Assessment | $5,933,800 |
Property Taxes
Parcel Number
262505-9037
Land Assessment
$3,179,900
Improvements Assessment
$2,753,900
Total Assessment
$5,933,800
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Northup Place Medical Dental Building | 15419 NE 20th St
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