Northwest Bellevue Office Space

Northwest Bellevue

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Northwest Bellevue Rates

Most listings are in the $30's per square foot per year. The Northwest Bellevue region is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 8% increase in rent.

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

Northwest Bellevue Listing Supply

In the last 90 days, 5 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Northwest Bellevue are subleases, so you might be able to snag a great spot on a short term. 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 3,540 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1981 and are Class A.

Northwest Bellevue Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the residents of Northwest Bellevue work from home. Commuting approximately 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 Northwest Bellevue.
Market Report

Market Data

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