Downtown Auburn Sublease

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Downtown Auburn

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,500
As of: August 22, 2017

Downtown Auburn Rates

Most listings are in the $20's per square foot per year. The Downtown Auburn region is experiencing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 23% decline in rent.

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

Downtown Auburn Listing Supply

In the last 90 days, 1 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the office spaces in the Downtown Auburn 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.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1975 and are Class C.

Downtown Auburn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Auburn residents. 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 Downtown Auburn.
Market Report

Market Data

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