Ballard Sublease

Ballard

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
720
As of: July 23, 2017

Ballard Rates

The typical asking rate per listing is in the $10's per square foot per year. The Ballard region is experiencing a decline in rates. In the last 3 months, the median rate decreased $44 per sqft per year. That's a 73% decline in rent.

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

Ballard Listing Supply

In the last 90 days, 0 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Ballard 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.

The standard measurement for office space in this area is around 720 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1974 and are Class A.

Ballard 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 region. Commute by walking is the most popular way to get to work amongst Ballard occupants. Commuting around an hour and a half 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 Ballard.
Market Report

Market Data

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