Central Seattle Retail

Central Seattle

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$60
Median Size (sqft)
240
As of: March 12, 2017

Central Seattle Rates

The typical asking rate per listing is in the $50's per square foot per year. The Central Seattle region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Central Seattle region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Central Seattle Listing Supply

In the last 90 days, 1 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 240 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 2001 and are Class A.

Central Seattle Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central Seattle residents. Commuting around 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 Central Seattle.
Market Report

Market Data

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