On average, listings lease in the $30's per square foot per year. The Downtown Auburn region is experiencing a a rise in rates. In the last 3 months, the median rate rose $38 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Downtown Auburn submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 900% of the available leases in the Downtown Auburn are subleases, so you might be able to snag a great spot on a short term. 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 2,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1975 and are Class C.
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 public transit is the most popular way to get to work amongst Downtown Auburn occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.