Map pin3350 161st Ave SE Bldg A, Bellevue, WA, 98008-5063, US

I-90 Corporate Campus Bldg A

I-90 Corporate Campus Bldg A_Property for Sale

Attributes

Building area net
4,207 m²
Occupancy
15.3%
Year built
1982
Land area net
1.16 ha
Investment strategy
Core Plus
Asking price
CN¥137,507,000
Year renovated
2006
Number of floors
2 floors
Floor to ceiling height
14
Parking spaces
180

Asset Description

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 6,941 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, providing 4 years of term 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. While the Property lies within a business park with Building B, it is not part of this offering, and it is fully leased to 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, several nearby sites in the same zoning designation have proposed office to residential development.

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Investment Highlights

  • Ability for Owner/User to Occupy All or Most of the Building
  • Location and Proximity to Freeways and Transit
  • Conversion Potential to Residential Development
  • Zoning Flexibility Offers Potential for Uses that Fit Current Floor Plates such as Educational and Medical Services
I-90 Corporate Campus Bldg A 4_Property for Sale
I-90 Corporate Campus Bldg A 4_Property for Sale
I-90 Corporate Campus Bldg A (0 Properties)

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Last updated
29 Feb 2024