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500 108th Avenue NE, Bellevue
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Premium downtown Bellevue office with Cascade views

500 108th Avenue NE · Bellevue · King County, WA 98004

Lease rate

$50.00–$54.00/SF/yr

Building

310,000 sqft

Lot

1.1 ac

Available spaces

3 suites
SuiteSizeRateTypeAvailable
Suite 10018,333 SF$50.00/SF/yrNNNNow
Suite 20018,833 SF$52.00/SF/yrNNNNow
Suite 30019,333 SF$54.00/SF/yrNNNNow

The pitch

Section 01 / 03

Investment highlights

  • Floor-to-ceiling glass, mountain views
  • LEED Platinum, 2009 construction
  • Direct connection to light rail (2024)
  • Structured parking at 1.8/1,000

Executive summary

Full and partial floors available in a trophy 2009 tower steps from the Bellevue Transit Center and the new light-rail station. Floor-to-ceiling glass, a recently renovated sky lobby, and structured parking serve a demanding tech or financial tenant.

The asset

Section 02 / 03

Pricing & Size

Building Size
310,000 sqft
Building Class
Class A

Building

Construction Type
Steel Frame
Condition
Excellent
Stories
22
Parking Spaces
560
Parking Ratio
1.8 per 1k sqft

Utilities

HVAC Type
VAV
Fiber Internet
Yes

Office Features

Office Class
Class A
Elevators
8
HVAC System
VAV
Move-in Ready
Yes
Layout
Private offices

Location & Zoning

Zoning
O&I
FEMA Flood Zone
X
Opportunity Zone
No

Lease Terms

Lease Structure
Full Service Gross
Lease Term
84 months
Available Date
2026-08-31
Annual Escalation
3 %/yr
TI Allowance
70 $/sqft

Compliance & Risk

ADA Compliant
Yes

Location & area

Section 03 / 03

Location

47.61750, -122.19600
Satellite
Street view

Area & market data

Third-party sources

Neighborhood Demographics

Median Household Income
$105,391
Median Age
36 yrs
Population
737,015 people
Households
349,810

Location Context

Walk Score

74 / 100

Transit Score

60 / 100

Risk Assessment

Seismic Zone
3
Seismic Risk Category
High
Peak Ground Acceleration
0.48 g
Seismic Design Category
D

Market Context

Median Sale Price (5mi)
$7,500,000
Median Lease Rate (5mi)
38 $/sqft/yr
Parcel #9 APN 3342103915