Cascade Industrial

Cascade

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
6,040
As of: July 24, 2017

Cascade Rates

Most listings are in the $50's per square foot per year. The Cascade region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Cascade submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Cascade Listing Supply

In the last 90 days, 28 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 61% of the available space in the Cascade 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 6,040 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this region were built in 1984 and are Class A.

Cascade Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the folk of Cascade work from home. Commuting more than an hour and a half 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 Cascade.
Market Report

Market Data

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