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Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Eastlake submarket has higher rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 90 days, 28 commercial real estate listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available commercial real estate leases in the Eastlake are subleases, so you will probably have to focus your search on direct 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.
The standard size for office space in this area is around 10,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built close to 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the folk of Eastlake work from home. 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 Eastlake.
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