Exceptional Investment - Bellevue Medical Corridor Building
Priced at $3,695,950
Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 4+ 3 Years Of Lease With 2% Annual Increase. Zoned BR-MO (Bel-Red Medical Office). The Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Two Lower Floor Suites Separate Entry Is Ideally Situated, Easy Access To All Amenities. With 30 Ground Ample Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5%* Cap Rate. Building Age is 1979 , Refurbish In 2013. Median Household Income Of $150,000 Within 5 Miles Radius. Exceptional Bellevue Medical Corridor Investment

May Drive By And View Exterior Building With Discretion. Interior Viewing By Signing NDA/POF & 3 Days Notice Sat/Sunday. STRICTLY DO NOT CONTACT & OR DISTURB TENANT. NO EXCEPTION. ALL REQUEST THROUGH LISTING OFFICE. Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100/101 With 4,526 Space, Backed By 4+3 Years Balanced Lease 2% Annual Increase. Zoned BR-MO.Financial Info Proforma Based On extract Lease Agreement. 30 Uncovered Parking. Please Use Chicago Title & Escrow Order #214236-SC

Units in this condominium complex
Parcel Taxpayer Name Sq Ft Unit Number
6195980010 1900 Property LLC 1,769 UNIT 100
6195980020 1900 Property LLC 2,751 UNIT 101
6195980030 G O FUTURES LLC 1,768 UNIT 200
6195980040 VIVAA2 LLC 2,134 UNIT 201

* Cooperation With Licensed International Real Estate Broker Welcome

Information Reliable But Not Warranted By Sellers And Listing Broker. Purchaser & Its Broker Consultant Are Advised To Verify All Information To Their Own Satisfaction Without Relying On Any Information Contain In Offerings Memorandum, Plans & Dossier. No Express Or Implied Warranty. All Rights Reserved. E & O E Excepted. RCW18.86.120. Exclusive Global Listing Broker Chrissoon Real Estate International, LLC dba TEC Real Estate Inc

4,526 Sq.Ft.
4,526 Sq.Ft. lot
Bellevue Medical Office Corridor
King County County
Office Property
mls number 1768708
Min Divisible: 4,526 Sq.Ft.
Zoning: BR-MO
Primary Use: Commercial Condo, Medical Office
For Sale
Parcel: 6195980010 & 6195980020
Class: A
Exceptional Commercial Condo
Rare Bellevue Medical Condo
4,562 SF 2-Suites
Zoned BR-MO
Backed By 4+3 Years Lease
2% Annual Increase On Lease
Northwest Medical Building
Fully Tenanted Building
Cap Rate 5%
30 Uncovered Parking
3.67/1000 SF Ratio Parking
Year Built 1979 Refurbish 2013
2 APN 6195980010 & 619598002
34,842 Lot Size
Walk score 53
Transit Score 48

Property Financials

Lease Type: NNN
Sale Type: Investment
Cap Rate: 5


Chris K Soon
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Chrissoon Real Estate International