Central Seattle Sublease

Central Seattle

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$60
Median Size (sqft)
3,740
As of: May 24, 2017

Central Seattle Rates

Most listings are in the $50's per square foot per year. The Central Seattle region is going through a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 19% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Central Seattle submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Central Seattle Listing Supply

In the last 90 days, 1 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1988 and are Class A.

Central Seattle Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Seattle residents. Commuting around an hour 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 Central Seattle.
Market Report

Market Data

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