The typical asking rate per listing is in the $20's per square foot per year. The Sammamish Valley submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 63% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Sammamish Valley region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 40 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Sammamish Valley 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 7,830 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1988 and are Class B.
Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Sammamish Valley residents. Commuting around 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 Sammamish Valley.
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