Downtown Mercer Island Sublease

Downtown Mercer Island

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
2,720
As of: December 8, 2016

Downtown Mercer Island Rates

Compared to the rest of the Seattle Metropolitan Area market, the Downtown Mercer Island region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Mercer Island Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the office spaces in the Downtown Mercer Island 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1984 and are Class B.

Downtown Mercer Island Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Downtown Mercer Island occupants. Commuting around 15 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 Mercer Island.
Market Report

Market Data

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

Mercer Island Submarkets