First Hill Industrial Space

First Hill

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
8,390

Compared to the rest of the Seattle Metropolitan Area market, the First Hill region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

First Hill Listing Supply

In the last 90 days, 81 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the listings in the First Hill 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 available, so finding a space for a small business might be tough.

Even though the median size is 8,390 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 6 stories. Most buildings in this area were built in 1959 and are Class A.

First Hill Community

Professional services is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst First Hill residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in First Hill.
Research