Seattle Central Business District Retail

Seattle Central Business District

Office Space Market Report

Number of Listings (last 90 days)
71
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
7,070
As of: June 23, 2017

Seattle Central Business District Rates

Most listings are in the $40's per square foot per year. The Seattle Central Business District region is seeing a a rise in rates. In the last 3 months, the median rate went up $46 per sqft per year.

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

Seattle Central Business District Listing Supply

In the last 90 days, 71 listings have come on the market, so you'll want to check back regularly for new listings. About 128% of the available leases in the Seattle Central Business District 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,330 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 20 stories. Most buildings in this area were built in 1931 and are Class A.

Seattle Central Business District Community

Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Seattle Central Business District residents. 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 Seattle Central Business District.
Market Report

Market Data

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