SoDo Industrial

SoDo

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
10,740
As of: December 6, 2016

SoDo Rates

Compared to the rest of the Seattle Metropolitan Area market, the SoDo submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

SoDo Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the SoDo 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 10,740 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 1947 and are Class A.

SoDo Community

Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst SoDo folk. Commuting under 5 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 SoDo.
Market Report

Market Data

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