Lynnwood Sublease

Lynnwood

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,040
As of: January 16, 2017

Lynnwood Rates

On average, listings lease in the $20's per square foot per year. The Lynnwood submarket is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% increase in rent.

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

Lynnwood Listing Supply

In the last 90 days, 10 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Lynnwood are subleases, so you might be able to snag a great spot on a short term. 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 3,100 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this market were built in 1990 and are Class B.

Lynnwood Community

Market Report

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

Market Data

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