Most listings are in the $60's per square foot per year. The Southeast Washington submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 12% decrease in rent.
In the last 90 days, 154 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available leases in the Southeast Washington are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 10,920 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 7 floors. Most buildings in this area were built in 1967 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southeast Washington occupants. 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 Southeast Washington.
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