Most listings are in the $30's per square foot per year. The Southeast Washington submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 44% decrease in rent.
In the last 90 days, 12 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 9 stories. Most buildings in this area were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southeast Washington residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.