T-Mobile-leased Industrial Building
$8,500,000
1624 135th PL NE, Bellevue, WA 98005
For Sale
Industrial
Flex Space
Active
Last Updated: 11/03/2022
20,811 sqft
Building Size
0.9889 acres
Lot Area
Details:
Building Size: 20,811 sqft
Lot Area: 0.9889 acres
Class: B
Year Built: 1978
Highlights:
- 16,000 SF Concrete tilt warehouse and 4,811 SF two-story office, with grade loading and parking on three sides
- Leased to T-Mobile until 11/30/2021; T-Mobile has a 3-year option and is open to a longer term lease (up to 12 years) and is expected to be part of the T-Mobile Launchpad long-term strategy
- Forward 2021 NOI $355,401 / year, option rent and term to be negotiated with T-Mobile
- Building shell will be one of the few remaining warehouses in the rapidly changing Bel-Red market
- Building condition is original construction, roof, and mechanical
Description:
Rare warehouse space in sought-after Spring District, blocks from future Bel-Red light rail station.
Rare stand-alone warehouse building in the heart of the Bel-Red submarket, surrounded by the T-Mobile Launchpad building.
TBD
4 Spaces Available
Suite A Office, A, 1 Building
Available:
Immediately
Sublease:
No
SQFT
4,100
Lease Type:
Gross
Suite A Warehouse, A, 1 Warehouse
Available:
Immediately
Sublease:
No
SQFT
3,249
Lease Type:
Gross
Suite B Warehouse, B, 1 Warehouse
Available:
Immediately
Sublease:
No
SQFT
3,215
Lease Type:
Gross
Suite E Warehouse, E Warehouse
Available:
Immediately
Sublease:
No
SQFT
3,140
Lease Type:
Gross
Location
Gallery
