West Bellevue Industrial

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West Bellevue

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,800
As of: December 5, 2016

West Bellevue Rates

On average, listings lease in the $30's per square foot per year. The West Bellevue submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 25% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the West Bellevue region has higher rates, and you'll need to make a great offer to be in this hot region.

West Bellevue Listing Supply

In the last 90 days, 15 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1983 and are Class B.

West Bellevue Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst West Bellevue residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in West Bellevue.
Market Report

Market Data

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