Greater Duwamish Office Space

Greater Duwamish

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,110
As of: May 23, 2017

Greater Duwamish Rates

On average, listings lease in the $20's per square foot per year. The Greater Duwamish region is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.

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

Greater Duwamish Listing Supply

In the last 90 days, 20 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 15% of the available space in the Greater Duwamish 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,110 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1958 and are Class A.

Greater Duwamish Community

Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Greater Duwamish residents. 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 Greater Duwamish.
Market Report

Market Data

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