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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Adams region is seeing a an increase in rates. In the last 3 months, the median rate for lease rose $16 per sqft per year. That's a 100% rise in rent.
Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Adams submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 42 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,940 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built approximately 1961 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the occupants of Adams work from home. Commuting approximately 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 Adams.
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