Lynnwood Office Space

Lynnwood

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,660
As of: March 11, 2017

Lynnwood Rates

Most listings are in the $10's per square foot per year. The Lynnwood submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 50% decline in rent.

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

Lynnwood Listing Supply

In the last 90 days, 15 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Lynnwood are subleases, so you will probably have to consider a longer term 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.

Even though the median size is 3,660 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this market 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