Georgetown Retail

Georgetown

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,110
As of: May 26, 2017

Georgetown Rates

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

Georgetown Listing Supply

In the last 90 days, 7 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Georgetown 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,110 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1969 and are Class A.

Georgetown Community

A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Georgetown occupants. Commuting between 20 and 25 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 Georgetown.
Market Report

Market Data

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