Downtown Seattle Sublease

1300 S Dearborn St 2 Listings
Downtown Seattle, Seattle, WA
We have two studios available for immediate move in at Seattle's collaborative and alternative art studios 7 Point Studios. Get yourself into a collaborative, high-energy, setting where you can let your artistic side flourish. This Studio Suite has three areas separated by standard office paneling. Coded Entry, Skylights, Water Heater, Sink, Refrigerator, Multi-Room - a versatile space that can easily be used as art space or professional office space. If you are an artist who also has use for an office, this would be perfect for you. Sharing okay upon approval. We are located in the International District next to the Goodwill on Dearborn. Just blocks up from the Stadiums and Uwajimaya. Businesses currently inside the building: Aweida Arts, The Boro School, Wonderstruck Event Design, Kush Tourism, Lychen & Lychee, Unicorn Workshop, Greenroom Decor, and 20 full time glass artists! Our artists enjoy many amenities not normally available in Seattle warehouse/art spaces, including: *24 Hour Access to your own private space as well as a shared kitchen, lounge, and restrooms. *7 Point Studios is open to the public Monday through Friday 10am-10pm and Saturday and Sunday 10am-6pm. We have an incredible staff of artists who will greet your guests and collect your mail and packages. We also offer many services to help you and your art business! Notary Services, Printing, Packing & Shipping, Laminating, and more! *W/S/G and electricity are included in the monthly rental fee. We are wired for internet. You set up and pay for your own internet account. *Monthly gated parking spot available for an additional $150/month. Free street parking available as well. *Discounts on private event or gallery space and equipment rental. *Dogs are welcome as long as they are friendly and well behaved. *Collaborative environment with workshops and shop services available for tenant use at discount pricing. *Fully equipped Wood Shop *Screen Printing Shop and Classes *Fully equipped Lampworking Studio and Classes *Photo Booth

Downtown Seattle

Office Space Market Report

Number of Listings (last 90 days)
177
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
11,410
As of: December 7, 2016

Downtown Seattle Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Seattle region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 6% decline in rent.

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

Downtown Seattle Listing Supply

In the last 90 days, 177 listings have been made available, so you'll want to check back regularly for new listings. About 19% of the listings in the Downtown Seattle 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 available, so finding a space for a small business might be tough.

Even though the median size is 11,410 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 7 stories. Most buildings in this market were built in 1937 and are Class A.

Downtown Seattle Community

A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Downtown Seattle occupants. Commuting close to 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 Downtown Seattle.
Market Report

Market Data

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