The typical asking rate per listing is in the $70's per square foot per year. The Southeast Washington submarket is going through a an increase in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 19% increase in rent.
In the last 90 days, 154 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the available space in the Southeast Washington are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 16,450 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 9 stories. Most buildings in this area were built in 1967 and are Class A.
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 region. Commute by bike is the most popular way to get to work amongst Southeast Washington folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southeast Washington.
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