Cascade Retail

Cascade

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
7,145
As of: December 5, 2016

Cascade Rates

Most listings are in the $10's per square foot per year. The Cascade submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 42% decrease in rent.

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

Cascade Listing Supply

In the last 90 days, 23 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Cascade 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,145 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this area were built in 1982 and are Class A.

Cascade Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this region. Most of the residents of Cascade work from home. Commuting more than an hour and a half 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 Cascade.
Market Report

Market Data

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