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Washington Enterprise Services (DES), Dept. of·Washington

Market Search - SAO - Bellevue

Closes 2/20/2028$300k – $600kRequest for Expression of InterestLogin required
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Description

The Washington State Auditor’s Office is conducting a market search for approximately 2,320 BOMA rentable square feet of office space in the City of Bellevue. The agency requires a ready‑to‑occupy office with reception, conference rooms, kitchenette, parking, and optional wellness space, to be occupied by 1 Mar 2027 under a lease term of at least five years (up to ten). The lessor must provide clear title, meet Washington State Energy Code standards, and comply with prevailing‑wage rules. This solicitation is an open market search; no price ceiling is set, and interested property owners may submit proposals directly to the listed leasing agent. • 2,320 SF of ready‑to‑use office space in Bellevue, King County. • Minimum 5‑year lease (optional up to 10 years), occupancy start 1 Mar 2027. • Required amenities: reception area, conference/meeting rooms, kitchenette, 6 parking stalls, compliance with energy and prevailing‑wage regulations. • Contact: Blake Thiele, Leasing Agent, DES – phone (360) 790‑5646, email [email protected].

Attached files

Contact

Blake Thiele(Leasing Agent)

[email protected]

(360) 790-5646

Key dates

Opened
2/20/2026
Closes
2/20/2028
Duration
5 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531190
Solicitation №
025-12-434

Budget estimate

$300,000 – $600,000

No explicit rent amount is disclosed. Based on current Bellevue office market rates (approximately $30‑$45 per rentable square foot per year), 2,320 SF would generate $69,600‑$104,400 annually. Over a 5‑year minimum lease term, total revenue would range roughly $350,000 to $525,000. Assuming modest tenant‑improvement allowances and operating costs, a realistic net earnings estimate for the lessor would be between $300,000 and $600,000 over the lease term.

AI estimate from the solicitation

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