Cascade Office Space

Cascade

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
14,110
As of: May 22, 2017

Cascade Rates

Most listings are in the $40's per square foot per year. The Cascade region is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Cascade submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Cascade Listing Supply

In the last 90 days, 28 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Cascade are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 14,110 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 5 floors. Most buildings in this area were built in 1978 and are Class A.

Cascade Community

A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the occupants of Cascade work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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