Bitter Lake Office Space

Bitter Lake

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,450

Bitter Lake Rates

On average, listings lease in the $20's per square foot per year. The Bitter Lake submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year.

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

Bitter Lake Listing Supply

In the last 90 days, 25 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Bitter Lake are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1987.

Bitter Lake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Bitter Lake 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 Bitter Lake.
Research