Edmonds Sublease

Edmonds

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
980
As of: May 20, 2017

Edmonds Rates

On average, listings lease in the $20's per square foot per year. The Edmonds submarket is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decline in rent.

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

Edmonds Listing Supply

In the last 90 days, 5 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Edmonds 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 980 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1985 and are Class B.

Edmonds Community

Market Report

Trends and status of the commercial real estate market in Edmonds.
Market Report

Market Data

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

Edmonds Submarkets