First Hill Retail

First Hill

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
4,080
As of: January 21, 2017

First Hill Rates

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

First Hill Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 4,080 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 7 floors. Most buildings in this region were built in 1973 and are Class A.

First Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst First Hill folk. Commuting between 30 and 45 minutes 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 First Hill.
Market Report

Market Data

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