11250 Kirkland WayKirkland, WA 668698
- Office properties
- 62,308 SF
Property Details for 11250 Kirkland Way
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 62,308 SF
- Zone code
- LIT
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 123510-0024
- APU
- 1235100024
Description
This Class A, four-story office building, totaling 30,047 square feet, is situated on a 1.08-acre lot in the heart of Kirkland, Washington. Built in 2000, the property boasts a highly visible location with stunning views of Downtown Kirkland, Lake Washington, and the Olympic Mountains. The building offers convenient access to NE 85th St and is within one block of I-405, providing easy access to major transportation routes. The surrounding area offers abundant shopping and dining options. This traditional office space features 760 square feet of immediately available space within a multi-tenant building. Ample parking is available with a 3.6:1,000 ratio, including free surface parking and two levels of covered parking. The building is equipped with elevators and fiber optics. Recent upgrades (2019) include lobby and common area improvements. Monument signage is available on NE 85th St. The property is zoned NMU and its King County APN is 123510-0024. This is an exceptional opportunity to lease office space in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $16,876,454
- 6.5%
- $15,578,264
- 7%
- $14,465,531
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,316,200
- Geo Method
- $11,999,275
-
Alternative Use
- Use
- Valuation
- Residential
- $19,317,048
- Hospitality
- $17,694,312
- Educational
- $14,721,460
- Medical
- $15,227,754
- Retail
- $22,900,048
Location Insight
- City
- Kirkland
- County
- King
- State
- Washington
- Latitude
- 47.6787
- Longitude
- -122.189
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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