Northup Office Building
Land Bank for Future Development
Marketing description
Lee & Associates is pleased to exclusively offer for both Lease and Sale the 13417 NE 20th Street Professional Building, ideally located off of Northup Way at 134th Street in the Bel-Red District. The subject property is just four blocks to the upcoming Bel-Red 130th St Station.
The City of Bellevue is in the process of evaluating upzoning to promote transit oriented development in the neighborhood surrounding the Bel-Red 130th Street light rail station While the property is currently zoned BR-GC for general commercial use, the city council is considering switching to to either BR-RC-1 (residential/commercial 2 to 14 stories) or BR-RC-H-2 (residential/commercial up to 25 stories).
Offering a secluded setting, the building is currently configured with professional offices upstairs and a mostly open work area downstairs. Formerly home to Puget Sound Security, it is wired up with excellent internet connectivity and security. Flexible Lease terms available on a triple-net (NNN) basis. BR-GC zoning allows for a wide range of professional office & commercial uses. Available immediately.
Investment highlights
Private Offices Upstairs, Open Work Areas Downstairs
Land Size: 20,807 SF soon to be up-zoned to 14 or 25 story mixed use zoning
Private, Low Noise Location
Located Steps From 249 Bus Line Serving Overlake, South Kirkland, & Bellevue
Four Blocks To Future Light Rail Station
High Speed Internet Available
Free Parking 3.5/1,000 SF
Excellent Proximity To Downtown Bellevue, Microsoft Campus
Nearby Restaurants & Retail Amenities Within Walking Distance
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