Monroe Office Space

Monroe

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
31,150
As of: July 27, 2017

Monroe Rates

The typical asking rate per listing is in the $10's per square foot per year. The Monroe region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 17% decline in rent.

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

Monroe Listing Supply

In the last 90 days, 3 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 233% of the office spaces in the Monroe 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.

Even though the median size is 31,150 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1996 and are Class C.

Monroe Community

Market Report

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

Market Data

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