Lower Queen Anne Retail

Lower Queen Anne

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,450
As of: June 27, 2017

Lower Queen Anne Rates

On average, listings lease in the $20's per square foot per year. The Lower Queen Anne region is going through a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Lower Queen Anne submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Lower Queen Anne Listing Supply

In the last 90 days, 3 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Lower Queen Anne are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this market are close to 4 stories. Most buildings in this market were built in 1964 and are Class B.

Lower Queen Anne Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Lower Queen Anne work from home. Commuting approximately 15 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 Lower Queen Anne.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower Queen Anne.
Research