Bellevue Office Space

Bellevue

Office Space Market Report

Number of Listings (last 90 days)
77
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
3,370
As of: July 26, 2017

Bellevue Rates

Most listings are in the $40's per square foot per year. The Bellevue region is experiencing a an increase 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 submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Bellevue Listing Supply

In the last 90 days, 77 listings have been posted online, so you'll want to check back regularly for new listings. About 84% of the available leases in the Bellevue are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,370 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1984 and are Class A.

Bellevue Community

Market Report

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

Market Data

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