Most listings are in the $30's per square foot per year. The Minor region is seeing a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Minor region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 18 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Minor 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.
Even though the median size is 3,740 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1926.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Minor occupants. Commuting close to 20 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 Minor.
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