Bellevue Industrial

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Bellevue

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
6,290

Bellevue Rates

The typical asking rate per listing is in the $40's per square foot per year. The Bellevue submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Bellevue region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Bellevue Listing Supply

In the last 90 days, 1546 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Bellevue are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,290 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1984 and are Class A.

Bellevue Community

Market Data

Real time and historical data on commercial real estate listings in Bellevue.
Research