Mercer Island Industrial

We couldn't find any industrial spaces for Lease and Sublease

Mercer Island

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
2,720
As of: December 3, 2016

Mercer Island Rates

Most listings are in the $40's per square foot per year. The Mercer Island submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Mercer Island submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Mercer Island Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the Mercer Island are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1984 and are Class B.

Mercer Island Community

Market Report

Trends and status of the commercial real estate market in Mercer Island.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mercer Island.
Research

Mercer Island Submarkets