Bellevue Office Space

Bellevue

Office Space Market Report

Number of Listings (last 90 days)
85
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
4,020
As of: December 6, 2016

Bellevue Rates

Most listings are in the $30's per square foot per year. The Bellevue region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decline in rent.

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

Bellevue Listing Supply

In the last 90 days, 81 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Bellevue are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,030 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 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