10829 68Th StKirkland, WA 98033

Property Details for 10829 68Th St

Year built

1981

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

5,800 SF

Zone code

PR 3.6

Property type

Office buildings

APN

082505-9312

APU

825059312

Description

Longhouse Office Building offers a fantastic opportunity to lease a 457-square-foot office space in the heart of Kirkland's Houghton neighborhood. Located at 10829 NE 68th St, 98033, this Class C office building boasts an exceptional location, just two blocks from the Google campus and directly across the street from a variety of amenities including Starbucks, Metropolitan Market, Bartell Drugs, PCC Natural Market, Bank of America, and Subway. This provides unparalleled convenience for both employees and clients. The building offers easy access to Downtown Kirkland, Bellevue, and Interstate 405, ensuring seamless commutes. The available suite, approximately 457 square feet, is ideal for general office or professional services use and becomes available January 1st, 2022. The building features a shared kitchenette on the second floor for tenant convenience, and free on-site parking is provided at a ratio of approximately four stalls per 1,000 square feet. While the total building square footage is not currently specified, there is 577 square feet of vacant space available within the building. This property presents a unique opportunity to secure a well-located, functional office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,262,136

  6.5%

  $1,165,049

  7%

  $1,081,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,501,148

  Geo Method

  $1,116,964

• Alternative Use

  Use

  Valuation

  Residential

  $1,444,660

  Hospitality

  $1,323,301

  Educational

  $1,100,971

  Medical

  $1,138,835

  Retail

  $1,712,622

Location Insight

City

Kirkland

County

King

State

Washington

Latitude

47.6663

Longitude

-122.195

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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