Cascade Sublease

Cascade

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
5,120
As of: January 22, 2017

Cascade Rates

On average, listings lease in the $30's per square foot per year. The Cascade region is going through a a rise in rates. In the last 3 months, the median rate went up $25 per sqft per year. That's a 173% rise in rent.

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

Cascade Listing Supply

In the last 90 days, 19 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 26% of the available space in the Cascade are subleases, so you might be able to find a shorter term or below market rent. 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 4,680 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 5 stories. Most buildings in this area were built in 1984 and are Class A.

Cascade Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this area. Most of the folk of Cascade work from home. Commuting more than 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 Cascade.
Market Report

Market Data

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