On average, listings lease in the $30's per square foot per year. The Stanley Park region is seeing a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Stanley Park submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 8 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 3,290 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1981.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Stanley Park folk. Commuting close to 15 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 Stanley Park.
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