SoDo Commercial Real Estate For Lease

SoDo

Market Report

Number of Listings For Lease
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,550

SoDo Commercial Real Estate

Find SoDo 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 SoDo commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

SoDo Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The SoDo region is seeing a decrease in rates. In the last 3 months, the median rate for lease fell $11 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the SoDo region has greater rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.

SoDo Listing Supply

In the last 90 days, 106 commercial real estate listings have been listed, 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 5,550 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built approximately 1947 and are Class A.

SoDo Community

Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst SoDo occupants. Commuting under 5 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 SoDo.
Research