South Lake Union Industrial

South Lake Union

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
6,470

Compared to the rest of the Seattle Metropolitan Area market, the South Lake Union submarket has higher rates, and you'll need to make a great offer to be in this hot region.

South Lake Union Listing Supply

In the last 90 days, 226 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the South Lake Union are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 6,470 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 6 floors. Most buildings in this region were built in 1990 and are Class A.

South Lake Union Community

This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South Lake Union residents. Commuting under 5 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 South Lake Union.
Research