Bellevue Retail

Bellevue

Office Space Market Report

Number of Listings (last 90 days)
79
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
4,020
As of: December 2, 2016

Bellevue Rates

On average, listings lease in the $30's per square foot per year. The Bellevue submarket is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 20% decrease in rent.

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

Bellevue Listing Supply

In the last 90 days, 82 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Bellevue are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,030 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region 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