On average, listings lease in the $20's per square foot per year. The Renton region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Renton region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 163 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Renton 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 available, so finding a space for a small business might be tough.
Even though the median size is 13,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in Renton.
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