Washington Commercial Real Estate

Washington

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,700

Washington Rates

Most listings are in the $20's per square foot per year. The Washington submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Washington Listing Supply

In the last 90 days, 27 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 37% of the available leases in the Washington are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,700 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 2006 and are Class B.

Washington Community

Market Data

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