Lynnwood Office Space

Lynnwood

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,130
As of: February 20, 2017

Lynnwood Rates

Most listings are in the $10's per square foot per year. The Lynnwood submarket is going through a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 41% decrease in rent.

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

Lynnwood Listing Supply

In the last 90 days, 16 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the office spaces in the Lynnwood are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,130 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this area were built in 1990 and are Class A.

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