SoDo Retail

SoDo

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
10,740
As of: December 7, 2016

SoDo Rates

Compared to the rest of the Seattle Metropolitan Area market, the SoDo region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

SoDo Listing Supply

In the last 90 days, 4 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the SoDo 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 10,740 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this area were built in 1947 and are Class A.

SoDo Community

Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst SoDo folk. Commuting under 5 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 SoDo.
Market Report

Market Data

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