On average, listings lease in the $20's per square foot per year. The Greater Duwamish region is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Greater Duwamish region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 20 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 55% of the listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,510 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1958 and are Class A.
Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Greater Duwamish occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.