Southeast Washington Office Space

Southeast Washington

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
2,970
As of: June 28, 2017

Southeast Washington Rates

On average, listings lease in the $60's per square foot per year. The Southeast Washington submarket is going through a an increase in rates. In the last 3 months, the median rate increased $67 per sqft per year.

Southeast Washington Listing Supply

In the last 90 days, 11 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 73% of the available space in the Southeast Washington are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,970 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 9 floors. Most buildings in this market were built in 1967 and are Class A.

Southeast Washington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southeast Washington residents. 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 Southeast Washington.
Market Report

Market Data

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