Downtown Bellvue Commercial Real Estate For Lease

Downtown Bellvue

Market Report

Number of Listings For Lease
Posted in the last 90 days
47
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
820

Downtown Bellvue Commercial Real Estate

Find Downtown Bellvue commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Downtown Bellvue commercial real estate broker in Downtown Bellvue's Top Broker Directory. Learn about Downtown Bellvue commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Bellvue Rates

Most commerial real estate listings for lease are in the $50's per square foot per year. The Downtown Bellvue submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $8 per sqft per year. That's a 18% increase in rent.

Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Downtown Bellvue submarket has higher rates for rent, and you may need to pay a premium to be in this hot region.

Downtown Bellvue Listing Supply

In the last 90 days, 554 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Downtown Bellvue are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 5,460 sqft. Most properties in this region are around 7 floors. Most buildings in this region were built close to 1981 and are Class A.

Downtown Bellvue Community

This area 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 folk. 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