Greater Duwamish Industrial

Greater Duwamish

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
10,740
As of: December 10, 2016

Greater Duwamish Rates

The typical asking rate per listing is in the $30's per square foot per year. The Greater Duwamish region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 18% decline in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Greater Duwamish region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Greater Duwamish Listing Supply

In the last 90 days, 13 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 31% of the available space in the Greater Duwamish 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 posted, so finding a space for a small business might be tough.

Even though the median size is 10,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1952 and are Class B.

Greater Duwamish Community

Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Greater Duwamish occupants. Commuting between 30 and 45 minutes 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 Greater Duwamish.
Market Report

Market Data

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