Bellevue Sublease

Bellevue

Office Space Market Report

Number of Listings (last 90 days)
77
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
5,400
As of: August 20, 2017

Bellevue Rates

The typical asking rate per listing is in the $40's per square foot per year. The Bellevue submarket is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 6% rise 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 submarket.

Bellevue Listing Supply

In the last 90 days, 77 listings have come on the market, so you'll want to check back regularly for new listings. About 113% of the office spaces in the Bellevue are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,400 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 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