South Lake Union Commercial Real Estate For Lease

230 Fairview Ave - 2 Spaces South Lake Union, Seattle, WA  
Nov 09
600 - 4,020
sqft
Retail Restaurant

South Lake Union

Market Report

Number of Listings For Lease
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
6,470

South Lake Union Commercial Real Estate

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

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

South Lake Union Listing Supply

In the last 90 days, 226 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate leases in the South Lake Union are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 6,470 sqft. Most properties in this region are approximately 6 floors. Most buildings in this market were built close to 1990 and are Class A.

South Lake Union Community

This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Lake Union 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 South Lake Union.
Research