Downtown Bellvue Commercial Real Estate

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Regency Group Inc Commercial Real Estate
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400 108th Ave NE - Unit 604 Bellevue, WA open workroom and open area
Sep 11
1,260
sqft
Office
855 106th Ave NE - Space Bellevue, WA  
Aug 24
8,120
sqft
Sublease Office
Skyline Tower - Bellevue - 17 Spaces Bellevue, WA 11'6" to 12' ceiling height
Aug 15
1,600 - 18,710
sqft
Office
855 106th Ave NE - Space Bellevue, WA  
Aug 02
8,120
sqft
Office
11100 NE 8th St - Unit 200 (Floor 2) Bellevue, WA rental rate negotiable
Aug 02
6,550
sqft
Office Retail
11100 NE 8th St - 2 Spaces Bellevue, WA lobby exposure
Jun 27
2,450 - 3,730
sqft
Office Retail
1020 108th Ave NE - 2 Spaces Bellevue, WA NNN $6.03 per sqft
Jun 27
800 - 1,980
sqft
Retail
400 108th Ave NE - 2 Spaces Bellevue, WA corner suite and workroom
Jun 17
1,790 - 4,180
sqft
Office
High Identity Retail - Space Downtown Bellvue, Bellevue, WA  
Apr 18
6,330
sqft
Office Retail

Downtown Bellvue

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
9,410

Downtown Bellvue Rates

On average, listings lease in the $40's per square foot per year. The Downtown Bellvue region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Downtown Bellvue submarket 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 come on the market, so you'll want to check back regularly for new listings. About 8% of the available space in the Downtown Bellvue are subleases, so you will probably have to consider a longer term lease. 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 9,410 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 8 stories. Most buildings in this area 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 around 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