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Parkade Plaza 733 7th Ave 25,251 SF Office Building Kirkland, WA 98033 $10,500,000 ($415.83/SF)
Investment Highlights
- 67 Total Parking Stalls plus abundant street parking available (1.01 acres between two tax parcels)
- Highly accessible and sought-after Kirkland location minutes from Downtown Kirkland and I-405
- Asking Price: $10,500,000
- Recent significant upgrades - new roof and upgraded HVAC completed in 2020
- 7,584 RSF Available for occupancy on 1st Floor and 2,478 RSF Available for occupancy on the 2nd Floor
Executive Summary
Colliers International is pleased to present this owner-user / investment opportunity to acquire an office building that sits in close proximity to downtown Kirkland. The offering includes a ±25,251 RSF building on 1.01 acres of land and an adjacent 0.23 acre parking lot. An owner-user could utilize up to 9,477 contiguous RSF on the first floor, plus an additional 6,480 RSF on the second floor. Significant renovations to the building were completed in 2020.
Located in the Kirkland submarket, it is just 15 minutes from downtown Bellevue and offers easy access to I-405 via NE 85th Street. Abundant shopping and dining at Kirkland Urban and downtown Kirkland are just minutes away. A new Bus Rapid Transit station at the intersection of I-405 and NE 85th is scheduled to open in 2027 providing improved accessibility for transit riders along the I-405 corridor and connection between Downtown Kirkland and Redmond.
Located in the Kirkland submarket, it is just 15 minutes from downtown Bellevue and offers easy access to I-405 via NE 85th Street. Abundant shopping and dining at Kirkland Urban and downtown Kirkland are just minutes away. A new Bus Rapid Transit station at the intersection of I-405 and NE 85th is scheduled to open in 2027 providing improved accessibility for transit riders along the I-405 corridor and connection between Downtown Kirkland and Redmond.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
25,251 SF
Building Class
B
Year Built/Renovated
1978/1994
Price
$10,500,000
Price Per SF
$415.83
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,626 SF
Building FAR
0.57
Lot Size
1.01 AC
Zoning
LIT, Kirkland - LIT: City of Kirkland - Highly Flexible Zoning
Parking
67 Spaces (2.65 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Kitchenette Open space Private offices
- 1st Fl-Ste 104
- 1,510 SF
- Office
- Shell Space
- Now
• 1,502 RSF • Kitchenette • Privates/open space • Lobby exposure
- 1st Fl-Ste 110
- 2,901 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 200
- 4,002 SF
- Office
- Full Build-Out
- Now
1,219 RSF • Four pivate offices • Conference room • Reception area • Break room
- 2nd Fl-Ste 215
- 1,259 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100/102 | 2,957-3,564 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 104 | 1,510 SF | Office | Shell Space | Now |
| 1st Fl-Ste 105 | 1,502 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 110 | 2,901 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 4,002 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 203 | 1,219 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 215 | 1,259 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 100/102
| Size |
| 2,957-3,564 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size |
| 1,510 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 105
| Size |
| 1,502 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 110
| Size |
| 2,901 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 4,002 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 203
| Size |
| 1,219 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 215
| Size |
| 1,259 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 100/102
| Size | 2,957-3,564 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Kitchenette Open space Private offices
1st Fl-Ste 105
| Size | 1,502 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
• 1,502 RSF • Kitchenette • Privates/open space • Lobby exposure
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 203
| Size | 1,219 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
1,219 RSF • Four pivate offices • Conference room • Reception area • Break room
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,687,100 | |
| Land Assessment | $2,708,400 | Total Assessment | $5,395,500 |
Property Taxes
Parcel Numbers
Land Assessment
$2,708,400
Improvements Assessment
$2,687,100
Total Assessment
$5,395,500
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Parkade Plaza | 733 7th Ave
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