On average, listings lease in the $40's per square foot per year. The Ravenna region is experiencing a a rise in rates. In the last 3 months, the median rate increased $42 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Ravenna region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,540 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this area were built in 1967.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the residents of Ravenna 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 Ravenna.
Get email notifications when new listings are posted that match your requirements.