Kent Office Space

Kent

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
4,610
As of: December 5, 2016

Kent Rates

The typical asking rate per listing is in the $30's per square foot per year. The Kent submarket is going through a a rise in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 63% increase in rent.

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

Kent Listing Supply

In the last 90 days, 5 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the office spaces in the Kent 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 4,610 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1986 and are Class A.

Kent Community

Market Report

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

Market Data

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