Office for Lease in Bellevue, WA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Bellevue, WA 98005

Description

Bel-Spring 520 is a premier office campus, spanning ±93,250 square feet across two architecturally designed buildings, set on a 5-acre site. This property offers an abundance of parking with a generous ratio of 3.5 spaces per 1,000 square feet leased, including 0.8 covered spaces per 1,000 square feet.

Market Context

This office in Bellevue, WA is listed for lease. It has been on the market for 21 days. Compare it against other office listings for lease in Bellevue, WA — <a href="/search/lease/office/washington/bellevue">view the full market</a>.

As of Q2 2025, the Seattle / Bellevue office market showed average asking rents near $51.97/SF/yr, and cap rates around 7.5%. Source: Consensus Q2 2025 market report.

Office market FAQ

What is the typical cap rate for office in Seattle / Bellevue?
About 7.5% as of Q2 2025, per Consensus.

Unified Estimate

Medium Confidence

$13.66/SF/mo – $18.48/SF/mo

Mid: $16.07/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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