Greater Duwamish Sublease

Greater Duwamish

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,590
As of: July 28, 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 going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% increase in rent.

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

Greater Duwamish Listing Supply

In the last 90 days, 20 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,590 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1953 and are Class A.

Greater Duwamish Community

Manufacturing is the dominant industry in this region. 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