12509 Bel Red Road
Bellevue WA 98005

Forum South Office Building

12509 Bel Red Road Bellevue WA 98005

Listing #: 709835 | Status: Available | Last Modified: 4/23/2026 |

For Sale
TC Wu
  • Phone:(206) 849-8858
  • Email:tcwu@wpirealestate.com
  • Office Name:WPI Real Estate Services, Inc.
  • Office Phone:(206) 522-8172
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,890,000.0
  • $/SF$ 636.2
  • Listing StatusAvailable
  • Days on Market53
  • Asset ClassOffice, Industrial, Specialty
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 2.77 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • AnchorWest Consulting Inc.
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors
  • Grade Level Door Count
  • Crane Count
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units0
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF7686
  • Net Rentable Area7868
  • Total Office SF7868
  • Largest Contiguous SF
  • Lot SF28750
  • Acres0.66
Property Type
  • Property TypeOffice
  • Office TypeOther
  • InvestmentYes
  • Building ClassC
Location
  • CountyKing
  • VicinityBel Red Road and 124th Ave. NE
  • Location DescriptionSouth side of Bel Red Road and immediately East of 124th Ave. NE
  • Second AddressWithin close proximity of the new Spring District and Facebook Office Buildings
  • Cross Street124th Ave. NE
  • Market AreaSuburban Bellevue
  • Tax ID #2608000030
  • Additional Parcels
  • ZoningO
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio4.5
Construction
  • Year Built1983
  • Year Renovated1988
  • Completion Date
  • Roof TypeComposition
  • Construction TypeFramed, Wood

Forum South Building C Office

Public Comments

We are pleased to present an exceptional opportunity to own 12509 NE Bel-Red Road, Bellevue, a prime, free-standing office building that is strategically positioned just one block from the Meta-anchored Spring District. Featuring highly versatile 'O' (Office) zoning, this asset accommodates a broad spectrum of permitted uses, including day care centers, professional offices, medical clinics, educational and religious facility. The property offers a rare, turnkey advantage: while currently 100% tenanted, the seller will secure early lease terminations, allowing an owner-user to occupy all or a portion of the space without the hassle or cost of tenant buyouts. Located at the epicenter of regional connectivity, the site is close to the Spring District and Wilburton Light Rail Stations, with i

Public Building Comments

Forum South Office Building C is located within close proximity of the new Bellevue Spring District and the new office building complex for Facebook and REI's new headquarter. The Spring District will also connect with the new Sound Transit light rail sys

Search Tags

Multi-Tenant, Single-Tenant, Data Center/Call Center, Research & Development

Listing Images