South Lake Union Office Space

1177 Fairview Ave N - Space South Lake Union, Seattle, WA  
Jul 26
8,530
sqft
Office
511 Boren - Floor 2 Seattle, WA work area and server room
Jul 20
6,530
sqft
Office
712 Aurora - Space South Lake Union, Seattle, WA  
Apr 13
8,860
sqft
Office

South Lake Union

Market Report

Number of Listings
Posted in the last 90 days
15
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
6,530

Compared to the rest of the Seattle Metropolitan Area market, the South Lake Union region has higher rates, and you'll have to negotiate above asking rent 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 5% of the available space in the South Lake Union are subleases, so you will probably have to consider a longer term 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 6,530 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 6 floors. Most buildings in this market were built in 1990 and are Class A.

South Lake Union Community

This area 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 folk. 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