University District Retail Space

University District

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
820

Compared to the rest of the Seattle Metropolitan Area market, the University District region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

University District Listing Supply

In the last 90 days, 34 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the University District 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.

The standard measurement for office space in this area is around 820 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area were built in 1981 and are Class A.

University District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the residents of University District work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in University District.
Research