Most listings are in the $40's per square foot per year. The Downtown Bellvue submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Downtown Bellvue submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 28 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,570 sqft. Most buildings in this area are approximately 10 stories. Most buildings in this region were built in 1982 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Bellvue occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.