Georgetown Sublease

Georgetown

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
6,320
As of: February 19, 2017

Georgetown Rates

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

Georgetown Listing Supply

In the last 90 days, 5 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Georgetown 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 6,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1969 and are Class B.

Georgetown Community

A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Georgetown residents. Commuting between 20 and 25 minutes 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 Georgetown.
Market Report

Market Data

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