SeaTac Sublease

SeaTac

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,190
As of: June 24, 2017

SeaTac Rates

The typical asking rate per listing is in the $20's per square foot per year. The SeaTac region is experiencing a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.

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

SeaTac Listing Supply

In the last 90 days, 5 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 120% of the office spaces in the SeaTac 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.

Even though the median size is 4,190 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1979 and are Class B.

SeaTac Community

Market Report

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

Market Data

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