Office

Southroads Technology Park - For Lease

southroads technology park - for lease, bellevue, NE 68005

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$47.22/SF

Mid

$59.02/SF

High

$70.82/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (7.5%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$59.02/SF	—	tax_cap_reverse
Utilities	—	6.9¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$2728/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
BLS QCEW	wage_index	—	—	quarterly	—

Data sources used

market_reportsproperty_taxwage_index

Description

760 to 114,851 SF - Bay sizes to fit small to large space needs 90,000 SF space (divisible) is ideal for call center (with above average band-width capability); and former school use includes a fenced outdoor play-area, idea for education, child-care, dog-care or similar user. General Business (GB) zoning allows for a variety of uses: office, retail, or institutional. Available Space Total Available 114,851 SF Min. Divisible 760 SF Max Contiguous 90,000 SF* *demise potential Upper Level up to 105,696 SF Lower Level 760 SF to 9,155 SF Lease Rate $7.50 PSF, NNN Estimated NNNs $3.75 PSF (2025)

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

southroads technology park - for lease, bellevue, NE 68005

Leaflet © OpenStreetMap contributors

Market Context

As of Q2 2025, the Seattle / Bellevue office market showed average asking rents near $51.97/SF/yr, and cap rates around 7.5%. Source: CBRE U S Cap Rate Sur Q2 2025 market report.

Projected current pricing

low confidence

Projected asking rent

$51.97/SF/yr

Estimated sale value

$319–$414/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2025 Newmark data (cap rate 7.5%, asking rent held flat).

View the full Seattle / Bellevue Office market report →

Compare it against other office listings for sale in Bellevue, NE to benchmark pricing and space — view the full market.