Most listings are in the $20's per square foot per year. The Greater Duwamish submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 39% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Greater Duwamish region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 15 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Greater Duwamish 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 posted, so finding a space for a small business might be tough.
Even though the median size is 11,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1953 and are Class A.
Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Greater Duwamish residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.