Greater Duwamish Sublease

Greater Duwamish

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,180
As of: February 27, 2017

Greater Duwamish Rates

The typical asking rate per listing is in the $20's per square foot per year. The Greater Duwamish region is seeing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 26% decrease in rent.

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

Greater Duwamish Listing Supply

In the last 90 days, 18 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Greater Duwamish are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,180 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1953 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