Greater Duwamish Industrial

Greater Duwamish

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,590
As of: July 21, 2017

Greater Duwamish Rates

On average, listings lease in the $20's per square foot per year. The Greater Duwamish region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

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

Greater Duwamish Listing Supply

In the last 90 days, 20 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 55% of the listings in the Greater Duwamish 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.

The standard measurement for office space in this area is around 2,050 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1954 and are Class A.

Greater Duwamish Community

Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Greater Duwamish folk. 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