Downtown Bellvue Office Space

Downtown Bellvue

Market Report

Number of Listings
Posted in the last 90 days
40
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
11,780

Downtown Bellvue Rates

On average, listings lease in the $40's per square foot per year. The Downtown Bellvue submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Downtown Bellvue region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Downtown Bellvue Listing Supply

In the last 90 days, 554 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Downtown Bellvue are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 11,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 8 stories. Most buildings in this region were built in 1981 and are Class A.

Downtown Bellvue Community

This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Bellvue residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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