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I-90 Corporate Campus - Building A 3350 161st Ave SE 45,279 SF 4% Leased Office Building Bellevue, WA 98008 $16,850,000 ($372.14/SF)
INVESTMENT HIGHLIGHTS
- Ability for Owner/User to Occupy All or Most of the Building
- Covered Land Opportunity for Future Residential Development
- Location and Proximity to Freeways and Transit
- Residential Development Zoning Flexibility Offers Potential for Uses that Fit Current Floor Plates such as Educational and Medical Services
EXECUTIVE SUMMARY
I-90 Corporate Campus Building A is a 45,279 square foot office building located at 3350 161st Ave SE in Bellevue, WA. The Property is currently occupied by Atkinson Construction, occupying 19,179 SF of the total rentable area. The company is a subsidiary of Clark Construction Group, LLC, a leading construction service provider in the U.S. Atkinson Construction’s lease expires in 2027, and the opportunity to position the asset as a partly or fully leased owner-user opportunity with no option for the tenant to renew within the lease. The adjacent Corporate Campus B building is fully leased and occupied by Prime Electric. The greater I-90 submarket has an extremely diverse set of tenants, housing T-Mobile’s headquarters, Siemens, Samsung, LG Electronics, and other widely known tech companies. The current zoning designation, OLB-2, offers immense potential for residential, educational, or medical development. The abundance of nearby parks, corporate campuses, and residential neighborhoods highlight the Property’s location as an ideal site for future development, and several nearby sites in the same zoning designation have proposed office to residential development.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
45,279 SF
Building Class
B
Year Built/Renovated
1982/2006
Price
$16,850,000
Price Per SF
$372.14
Percent Leased
4%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,640 SF
Building FAR
0.36
Lot Size
2.87 AC
Zoning
O\C, Bellevue - OLB-2 (Office and Industrial Business District 2)
Parking
180 Spaces (3.98 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Entire first floor contiguous with office/medical build out.
Medical office corner suite with Cascade Mountain views and a dedicated patio.
Dental office corner suite with abundant natural light.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 21,001 SF | Office/Medical | Partial Build-Out | 30 Days |
| 2nd Fl-Ste 204 | 2,428 SF | Office/Medical | Partial Build-Out | Now |
| 2nd Fl-Ste 205 | 2,671 SF | Office/Medical | Partial Build-Out | Now |
1st Fl-Ste 100
| Size |
| 21,001 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 204
| Size |
| 2,428 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 205
| Size |
| 2,671 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 100
| Size | 21,001 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | 30 Days |
Entire first floor contiguous with office/medical build out.
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 204
| Size | 2,428 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Medical office corner suite with Cascade Mountain views and a dedicated patio.
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 205
| Size | 2,671 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Dental office corner suite with abundant natural light.
1 1
PROPERTY TAXES
| Parcel Number | 112405-9015 | Improvements Assessment | $802,700 |
| Land Assessment | $7,498,300 | Total Assessment | $8,301,000 |
PROPERTY TAXES
Parcel Number
112405-9015
Land Assessment
$7,498,300
Improvements Assessment
$802,700
Total Assessment
$8,301,000
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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I-90 Corporate Campus - Building A | 3350 161st Ave SE
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