On average, listings lease in the $30's per square foot per year. The Greater Duwamish region is seeing a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 38% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Greater Duwamish submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 268 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the available space in the Greater Duwamish 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,960 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1954 and are Class B.
Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Greater Duwamish residents. 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 Greater Duwamish.
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