Most listings are in the $170's per square foot per year. The Belltown region is experiencing a a rise in rates. In the last 3 months, the median rate increased $135 per sqft per year. That's a 300% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Belltown region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 688 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available space in the Belltown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,420 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 5 stories. Most buildings in this area were built in 1967 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the occupants of Belltown work from home. Commuting around 10 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 Belltown.
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