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