Edmonds Office Space

Edmonds

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
4,790
As of: August 18, 2017

Edmonds Rates

The typical asking rate per listing is in the $30's per square foot per year. The Edmonds submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Edmonds region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Edmonds Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the available space in the Edmonds 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,790 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1985 and are Class B.

Edmonds Community

Market Report

Trends and status of the commercial real estate market in Edmonds.
Market Report

Market Data

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

Edmonds Submarkets