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The typical asking rate per commerial real estate listing leases is in the $40's per square foot per year. The Queen Anne region is seeing a decrease in rates. In the last 3 months, the median rate for lease fell $36 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Queen Anne region has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 76 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,880 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built close to 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Queen Anne residents. Commuting more than an hour and a half 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 Queen Anne.
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