Paine Field-Lake Stickney Industrial

Paine Field-Lake Stickney

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,050
As of: June 27, 2017

Paine Field-Lake Stickney Rates

The typical asking rate per listing is in the $20's per square foot per year. The Paine Field-Lake Stickney submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Paine Field-Lake Stickney submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Paine Field-Lake Stickney Listing Supply

In the last 90 days, 7 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 29% of the office spaces in the Paine Field-Lake Stickney are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,630 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1998 and are Class B.

Paine Field-Lake Stickney Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Paine Field-Lake Stickney occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Paine Field-Lake Stickney.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Paine Field-Lake Stickney.
Research

Lake Stickney Submarkets