Northwest Bellevue Retail

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Northwest Bellevue

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
6,410
As of: February 23, 2017

Northwest Bellevue Rates

On average, listings lease in the $30's per square foot per year. The Northwest Bellevue submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Northwest Bellevue submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Northwest Bellevue Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,410 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1981 and are Class A.

Northwest Bellevue Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Most of the occupants of Northwest Bellevue work from home. Commuting around 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 Northwest Bellevue.
Market Report

Market Data

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