Greater Duwamish Sublease

Greater Duwamish

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
8,780
As of: June 26, 2017

Greater Duwamish Rates

The typical asking rate per listing is in the $20's per square foot per year. The Greater Duwamish submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Greater Duwamish submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Greater Duwamish Listing Supply

In the last 90 days, 20 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 55% of the office spaces in the Greater Duwamish 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 2,510 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1958 and are Class A.

Greater Duwamish Community

Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Greater Duwamish folk. Commuting between 30 and 45 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 Greater Duwamish.
Market Report

Market Data

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