On average, listings lease in the $40's per square foot per year. The West Bellevue region is going through a a rise in rates. In the last 3 months, the median rate rose $47 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the West Bellevue region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the listings in the West Bellevue are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,890 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1983 and are Class B.
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 occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.