The typical asking rate per listing is in the $20's per square foot per year. The Downtown Auburn region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Downtown Auburn submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,690 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1975 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Auburn residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.