Wilburton Retail

Wilburton

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
4,580
As of: January 23, 2017

Wilburton Rates

The typical asking rate per listing is in the $30's per square foot per year. The Wilburton submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 26% decline in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Wilburton submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Wilburton Listing Supply

In the last 90 days, 23 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Wilburton are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1980 and are Class B.

Wilburton Community

A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Wilburton residents. Commuting approximately an hour 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 Wilburton.
Market Report

Market Data

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