Bellevue Retail

Bellevue

Office Space Market Report

Number of Listings (last 90 days)
78
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,910
As of: February 27, 2017

Bellevue Rates

On average, listings lease in the $30's per square foot per year. The Bellevue submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

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

Bellevue Listing Supply

In the last 90 days, 78 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Bellevue are subleases, so you will probably have to focus your search on direct office leases. 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 1,910 sqft. Most buildings in this market are around 2 floors. 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