On average, listings lease in the $10's per square foot per year. The Fife submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Fife submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 60 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the listings in the Fife are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,450 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area were built in 1987 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Fife occupants. Commuting between 20 and 25 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 Fife.
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