Eastlake Office Space

Eastlake

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,940
As of: February 26, 2017

Eastlake Rates

Most listings are in the $30's per square foot per year. The Eastlake region is going through a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 164% increase in rent.

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

Eastlake Listing Supply

In the last 90 days, 2 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Eastlake 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,940 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1978 and are Class B.

Eastlake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the folk of Eastlake work from home. Commuting between 30 and 45 minutes 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 Eastlake.
Market Report

Market Data

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