The typical asking rate per listing is in the $10's per square foot per year. The Georgetown submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Georgetown region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 88 listings have come on the market, so you'll want to check back regularly for new listings. About 22% of the available leases in the Georgetown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 8,780 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1967 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Georgetown folk. 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 Georgetown.
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