Lynnwood Retail

Lynnwood

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,800
As of: July 27, 2017

Lynnwood Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lynnwood submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Lynnwood submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Lynnwood Listing Supply

In the last 90 days, 15 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 120% of the available leases in the Lynnwood are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,100 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1984 and are Class B.

Lynnwood Community

Market Report

Trends and status of the commercial real estate market in Lynnwood.
Market Report

Market Data

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