Lynnwood Office Space

Lynnwood

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,350
As of: June 23, 2017

Lynnwood Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lynnwood submarket is going through a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year.

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

Lynnwood Listing Supply

In the last 90 days, 15 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 407% of the listings in the Lynnwood 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,620 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1986 and are Class B.

Lynnwood Community

Market Report

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

Market Data

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