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Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Wallingford submarket has greater rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 90 days, 39 commercial real estate listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the commercial real estate listings in the Wallingford are subleases, so you will probably have to consider a longer term lease. 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 1,600 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built around 1994 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the folk of Wallingford work from home. Commuting close to 30 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 Wallingford.
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