Most listings are in the $40's per square foot per year. The Seattle Central Business District region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Seattle Central Business District submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1966 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Seattle Central Business District are subleases, so you will probably have to consider a longer term lease. 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 4,610 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 18 floors. Most buildings in this region were built in 1934 and are Class A.
Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Seattle Central Business District folk. 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 Seattle Central Business District.
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