Most listings are in the $30's per square foot per year. The Northwest Bellevue submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Northwest Bellevue submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 97 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Northwest Bellevue are subleases, so you will probably have to focus your search on direct office leases. 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 6,290 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of Northwest Bellevue work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Northwest Bellevue.
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