The typical asking rate per listing is in the $20's per square foot per year. The Sammamish Valley submarket is going through a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 63% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Sammamish Valley submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 40 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available space in the Sammamish Valley 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,830 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1988 and are Class B.
Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Sammamish Valley residents. Commuting approximately 20 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 Sammamish Valley.
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