The typical asking rate per listing is in the $20's per square foot per year. The South Hill submarket is going through a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the South Hill submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 31 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 2001 and are Class A.
Real time and historical data on commercial real estate listings in South Hill.
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