The typical asking rate per listing is in the $30's per square foot per year. The Sammamish-East Lake Hills region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Sammamish-East Lake Hills region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 31 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Sammamish-East Lake Hills are subleases, so you will probably have to consider a longer term lease. 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 45,640 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Sammamish-East Lake Hills 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 Sammamish-East Lake Hills.
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