Compared to the rest of the Seattle Metropolitan Area market, the Eastlake submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 28 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Eastlake are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 10,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the folk of Eastlake work from home. Commuting between 30 and 45 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 Eastlake.
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