On average, listings lease in the $30's per square foot per year. The Tukwila Urban Center submarket is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Tukwila Urban Center submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
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 10% of the office spaces in the Tukwila Urban Center are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,480 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1978 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Tukwila Urban Center occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.