On average, listings lease in the $20's per square foot per year. The South Hill submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the South Hill region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 31 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. 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 listings below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region 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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