Northeast Washington Retail

Northeast Washington

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,420
As of: February 21, 2017

Northeast Washington Rates

On average, listings lease 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 rose $22 per sqft per year.

Northeast Washington Listing Supply

In the last 90 days, 3 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Northeast Washington 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.

The standard measurement for office space in this area is around 2,420 sqft. Most buildings in this region are around 9 floors. Most buildings in this market 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 area. Commute by taxi is the most popular way to get to work amongst Northeast Washington occupants. 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