Lynnwood Office Space

Lynnwood

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,040
As of: January 21, 2017

Lynnwood Rates

On average, listings lease in the $20's per square foot per year. The Lynnwood region is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% rise in rent.

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

Lynnwood Listing Supply

In the last 90 days, 8 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Lynnwood 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 4,040 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region 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