West Bellevue Office Space

West Bellevue

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
1,450
As of: July 27, 2017

West Bellevue Rates

On average, listings lease in the $40's per square foot per year. The West Bellevue submarket is going through a an increase in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 41% rise in rent.

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

West Bellevue Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the West 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1983 and are Class B.

West Bellevue Community

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 area. Commute by bike is the most popular way to get to work amongst West Bellevue residents. Commuting more than 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 West Bellevue.
Market Report

Market Data

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