The typical asking rate per listing is in the $10's per square foot per year. The Valley Industrial submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Valley Industrial submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 6,614 sqft, there are still 0 listings below 2,000 sqft.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Valley Industrial occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.