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Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Central Kenmore region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 commercial real estate listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the commercial real estate listings in the Central Kenmore are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 870 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built approximately 1966 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Central Kenmore work from home. Commuting around 30 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 Central Kenmore.
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