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.
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.