Most listings are in the $30's per square foot per year. The Gilman submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $33 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Gilman region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 25 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the office spaces in the Gilman are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,270 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1996 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Gilman residents. Commuting approximately 30 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 Gilman.
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