On average, listings lease in the $30's per square foot per year. The Stanley Park region is seeing a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Stanley Park submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 8 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,290 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1981.
This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Stanley Park folk. Commuting close to 15 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 Stanley Park.
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