Most listings are 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 $15 per sqft per year. That's a 39% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Greater Duwamish region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 15 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 11,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1953 and are Class B.
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.