Northeast Washington Retail

Northeast Washington

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,420
As of: January 23, 2017

Northeast Washington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Washington region is going through a a rise in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Northeast Washington Listing Supply

In the last 90 days, 2 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Northeast Washington 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,420 sqft. Most buildings in this area are approximately 9 stories. Most buildings in this area were built in 1980 and are Class A.

Northeast Washington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Northeast Washington residents. Commuting between 20 and 25 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 Northeast Washington.
Market Report

Market Data

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