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RH Tech Center II 19803 North Creek Pky 33,551 SF 91% Leased Office Building Bothell, WA 98011 $10,500,000 ($312.96/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- abundant parking
- recent renovations
- quick access to I-405, SR-522, Downtown Bothell
EXECUTIVE SUMMARY
Class A office building available for owner/user sale in prestigious North Creek. The renovation included revamped building entry, upgraded landscaping, awnings and a pedestrian drop off, new lobby, building HVAC and additional windows. Potential to convert 11,000+SF to flex.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
33,551 SF
Building Class
A
Year Built/Renovated
1987/2006
Price
$10,500,000
Price Per SF
$312.96
Cap Rate
7%
NOI
$735,000
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,534 SF
Building FAR
0.11
Lot Size
7.00 AC
Zoning
RAC, OP, C
Parking
116 Spaces (3.7 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Large second level Class A space with open office area and lobby entrance.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 203 | 3,110 SF | Office | Partial Build-Out | Now |
2nd Fl-Ste 203
| Size |
| 3,110 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 203
| Size | 3,110 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Large second level Class A space with open office area and lobby entrance.
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PROPERTY TAXES
| Parcel Number | 392700-0030 | Improvements Assessment | $6,953,400 |
| Land Assessment | $2,351,200 | Total Assessment | $9,304,600 |
PROPERTY TAXES
Parcel Number
392700-0030
Land Assessment
$2,351,200
Improvements Assessment
$6,953,400
Total Assessment
$9,304,600
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RH Tech Center II | 19803 North Creek Pky
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