The typical asking rate per listing is in the $30's per square foot per year. The Tukwila Urban Center submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $30 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Tukwila Urban Center region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 20 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 245% of the listings in the Tukwila Urban Center are subleases, so you might be able to find a shorter term or below market rent. 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 3,950 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1978 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Tukwila Urban Center residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.