Lake Union Commercial Real Estate For Lease

1100 N 35th St - Space Fremont, Seattle, WA Onsite Parking.
Jul 15
8,500
sqft
Office Retail Industrial Live/Work

Lake Union

Market Report

Number of Listings For Lease
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,020

Lake Union Commercial Real Estate

Find Lake Union commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Lake Union commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Lake Union Rates

Most commerial real estate listings for lease are in the $50's per square foot per year. The Lake Union region is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $13 per sqft per year. That's a 33% increase in rent.

Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Lake Union region has greater rates for rent, and you may need to pay a premium to be in this hot region.

Lake Union Listing Supply

In the last 90 days, 107 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. 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 1,020 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built close to 1972 and are Class B.

Lake Union Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Lake Union folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Lake Union.
Research